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Tesla’s CEO Elon Musk has long criticised India for having import tariffs of around 100% on EVs which protect local automakers such as Tata Motors in the world’s third largest auto market, where EV adoption is still at a nascent stage.
Trump said it is “impossible” for Musk to sell a car in the South Asian nation. “Every country in the world takes advantage of us, and they do it with tariffs… It is impossible to sell a car, practically, in, as an example, India,” he said.
The government in March unveiled a new EV policy lowering import taxes substantially to 15% if a carmaker invests at least $500 million and sets up a factory.
Reuters reported on Tuesday that Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, and posted job ads for 13 mid-level roles in India. It does not currently manufacture any vehicles in India.
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https://economictimes.indiatimes.com/markets/stocks/news/trump-says-unfair-to-us-if-musk-builds-factory-in-india/articleshow/118401296.cms