Why Is Tesla Not Coming to India?
also, it's kinda a good thing
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Hello Tesla!
Piyush Goyal, India’s Minister of Commerce and Industry just rolled out the red carpet for Tesla, saying, “Tesla is welcome to come and manufacture in India.” How cool is that?
Tesla’s entry into Bharat could completely change the game for the country’s business landscape.
We’re talking jobs, jobs, jobs! Plus, this could really align with the "Make in India" initiative. Local suppliers would need to get on board, which means more opportunities for businesses to grow and innovate. It's like a win-win for everyone involved!
But it doesn’t stop there. Tesla isn’t just about cars; they’re all in on renewable energy too. Imagine how their solar products and energy storage systems could help Bharat meet its energy goals. We’d be seeing a shift not just in transportation but also in how we power our homes and businesses.
Let’s not forget about the cultural shift. Tesla’s focus on sustainability might inspire other businesses in Bharat to go green.
And here’s the kicker: Tesla’s arrival could really pump up the economy. We’d see growth across so many sectors—auto sales, energy, finance, you name it! New avenues for financing and insuring EVs would pop up, making it easier for everyone to join the electric revolution.
But we all know this, right?
The real question is why it’s not happening yet? A few months ago, Tesla coming to India was all over the Internet:
But then, it all vanished, and this came out:
But the real question is ‘WHY?’
So, sources said the company was facing capital issues and wasn’t ready to make any big financial moves in India.
Originally, Musk had planned to come right after Bharat lowered import taxes on electric vehicles for foreign carmakers. The new policy aimed to attract companies like Tesla, offering reduced taxes for those willing to invest at least Rs 4,150 crore (around $497 million) and start producing EVs locally within three years.
But with Tesla focusing on bigger challenges—like global competition, declining deliveries, staff layoffs, and delays with the Cybertruck and their Mexico plant—Bharat expansion seemed to slip down the priority list.
BTW, don’t get upset so soon.
If Tesla were to come to India, there could definitely be some cool changes, but it’s not all sunshine and rainbows.
📌 Think about companies like Tata Motors and Mahindra & Mahindra— they’ve been working hard to push electric vehicles (EVs) in India. But if Tesla rolls in with its shiny tech and big brand name, these local players could struggle to keep up.
📌 Our auto industry, which is still heavily reliant on traditional fuel engines, employs millions of people. If Tesla gains traction, we could see a shift away from these jobs. That’s especially tough because Tesla’s advanced manufacturing could mean fewer low-skilled jobs and more need for specialized skills. This could create a whole new challenge for people working in the automotive sector.
📌 Moreover, Tesla promotes clean energy, but let’s be real—Bharat still gets a lot of its electricity from coal. So, if Tesla’s cars start flooding the roads, it might put extra pressure on our power grid, potentially increasing carbon emissions instead of lowering them.
📌 Lastly, let’s face it, Tesla cars are seen as luxury status symbols in many places. If they come to Bharat, they could spark a bigger obsession with wealth display and consumerism. It might distract from the push for affordable, eco-friendly options that are better suited for the needs of our population.
So, while Tesla could bring some exciting changes, it’s a double-edged sword that could have some serious downsides for us.
⚠️Hold UP
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So, that’s it for today, folks! We will be back again tomorrow with more valuable insights about ‘Bharat in Business.’ Till then, stay informed!
