According to a report, According to a report, Tesla plans to produce roughly 500,000 EVs in India per year. roughly 500,

According to the Times of India, which cited official sources, Tesla is now in conversations with the Indian government about an investment proposal to set up a facility capable of producing over 500,000 electric vehicles annually. According to the same article, Tesla is looking at the prospect of using India as a manufacturing base to export automobiles to countries in the Indo-Pacific area under the direction of billionaire Elon Musk.

The starting price of Tesla's vehicles, according to the report, will be 2 million rupees ($24,400.66). This price point is half a million rupees higher than the Tata Nexon EV, which is currently the most popular electric vehicle in the nation, and more than twice as expensive as the MG Comet, which is currently the most cheap electric vehicle in India.

When the government refused to lower import levies on its cars, Tesla's efforts to join the Indian market last year were derailed. Tesla was unable to enter the Indian market due to the nation's current import levies, which may reach 100% on electric vehicles.

In a recent shift in strategy, Tesla engaged in discussions with Indian officials in May to explore potential incentives provided by the government for both its cars and battery manufacturing, as reported by Reuters. This indicates renewed efforts by Tesla to enter the domestic Indian market with vehicles. India expressed a strong interest in Tesla manufacturing vehicles within the country, but the company initially intended to export its cars to India to assess the demand.