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Why Hasn't Tesla Entered the Indian Market?

Written by @varunguru | Published on 2020/10/5

TL;DR
Tesla is the world’s most valuable car company with a market cap of over $382 billion. It is worth more than Fiat Chrysler, Ford, Ferrari, GM, BWM, Honda, and Volkswagen combined. The cheapest Tesla on the market right now, the Model 3, without any of the bells and whistles that Tesla is known for, costs $37,990 (Rs 28 lakh) The average income of a regular person is Rs 1.76 lakh ($2,338) per annum, the cost of buying a Tesla is higher than in most countries.

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Written by
@varunguru
Everything Startup

Topics and
tags
elon-musk|tesla|india|tesla-india|automotive|autonomous-cars|emerging-markets|hackernoon-top-story
This story on HackerNoon has a decentralized backup on Sia.
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