Tesla is eyeing the Indian market, Tesla is in talks to set up a car factory in India, the price of electric vehicles can start from Rs 20 lakh : Reports

Tesla, led by billionaire Elon Musk, is considering India as a potential hub for exporting cars to countries in the Indo-Pacific region.

Tesla In India Latest Updates On: According to the Times of India, Tesla has initiated talks with the Indian government regarding an investment plan to establish a car manufacturing facility in India. The proposed factory could have a yearly capacity of up to 500,000 electric vehicles. The report also mentioned that the starting price for these electric vehicles would be approximately 2 million rupees ($24,400.66). Reuters' request for comment from Tesla remains unanswered at present.

The report states that Elon Musk's company, Tesla, is exploring the possibility of utilizing India as a hub for exporting cars to the Indo-Pacific region. Government sources revealed that during a recent meeting, Indian Prime Minister Narendra Modi urged the car manufacturer to make a substantial investment in the country.