Tesla To Cost INR 35 Lakh+ In India Even With Lower Tariffs: CLSA

The brokerage firm anticipates this price range for the Tesla car in India despite the lower 15% to 20% import duties payable on foreign-made cars

CLSA added that even if Tesla manages to launch a sub-INR 25 Lakh on-road model, it would still not have any significant impact on the incumbents

This comes as Tesla is looking to establish a manufacturing unit in the country and is in talks with multiple states, including Gujarat, Maharashtra and Tamil Nadu, for it

Amid speculations over Tesla’s India entry, a report by…