According to the OTAS news agency reported on January 18, recently high-ranking officials in India have asked Tesla companies to set up factories in India, but Musk refused. Musk said perfunctorily that he may set up a factory in India next year. Musk is very dissatisfied with India's import car policy, and once slapped the table in an atmosphere, saying that it is lagging behind the Chinese side, but the asking price is far ahead.
Last week, four senior Indian officials again invited Tesla to set up a factory in India and said they would provide a variety of necessary help. But Musk did not make a definitive response to the issue. In fact, in the past two years, Indian netizens have also been asking on the Internet when Tesla will set up a factory in India, but Musk has always said that this year is unlikely and will go next year. Every return is next year, which also shows Musk's attitude. Musk has also said that he is negotiating with the Indian government to solve some problems together. Tesla hopes to restrict the sale of Tesla cars produced in China in India first, but the Indian government does not want Chinese-produced cars to enter the Indian market, and hopes to build a car factory in India first, and then sell Tesla cars.
In order to prevent other countries' cars from entering the Indian market, the Indian government has set a high tariff threshold. Cars priced below $40,000 are subject to a 60% tariff, and cars priced above $40,000 are subject to a 100% tariff. High tariffs have made it difficult for Tesla motors to enter the Indian market. The construction of charging facilities in India is very settled, which is not conducive to the promotion of new energy vehicles. The country will sell nearly 5,000 new energy vehicles in 2021, which is why Tesla is not in a hurry to enter the Indian market. In addition, India's investment environment is not good, affected by the epidemic, the Indian government's finances have encountered great difficulties, in recent days, in order to obtain funds, the Indian tax department has continuously checked Xiaomi, OPPO and other Chinese companies, want to find opportunities for fines, India's practice makes its reputation in the world worse.
Tesla is building factories in China for a number of reasons. China has vigorously promoted new energy vehicles, and the infrastructure construction in all aspects is perfect, and the sales of new energy vehicles are very high. China has a very perfect electric vehicle industry chain, including batteries, electronic controls and other aspects, Tesla has basically achieved 100% localization in China. India does not have a perfect electric vehicle industry chain, infrastructure construction is not perfect, now to Invest in the construction of electric vehicle factories in India, it is a complete loss of money. Musk once said angrily that India's development level is very different from that of China, but the asking price is very high. If India cannot improve its domestic business environment and provide some preferential policies, Tesla will most likely not enter India to build factories.
India wants to introduce Tesla, not only Tesla itself is not happy, but also India's local Tata Group is not happy. Tata Group said that the company will invest 1 billion US dollars to develop new energy vehicles, if Tesla Motors enter India to set up a factory, it will affect India's own new energy vehicle industry, which is not good for India's economic development. Since everyone is not satisfied, it seems that when Tesla will set up a factory in India will be a long-term topic, and Musk may have to say many years in the next year.