Tesla to Enter India After A Long Quest? Elon Musk Hints by Making New Job Roles Available

Tesla’s quest to enter Indian markets is a long story as many different political and economic angles can harm the business. Moreover, the protocols are strong which prohibit certain features of Tesla cars from running on the Indian road. Indian Government urged the American Automaker to establish a manufacturing unit in India so that costs of the vehicles can be less. However, Elon Musk claimed to establish a market before entering the production of vehicles. He also informed me that this can be a recce to assess the current purchasing power of the customers.

Last year, the import duty on the cars was reduced making it possible for Tesla to enter the Indian markets. The reduction in the import duties was a promise in return for a significant amount of investment by Tesla in the country and to establish a production facility. Tesla was planning to enter Indian markets and it had supported the decisions of the Indian Government. Initially, he hinted at taking up the deal.

He visited India shortly after the deal was cracked laying massive hints towards the progressive plan of Tesla to launch in India. However, he canceled the trip and headed to China. In December last year, news afloat that Elon Musk was looking for showrooms and office spaces. Moreover, Tesla has also posted some Job offers for vacant positions.

The development comes directly after PM Modi visited the US and discussed some key points with Elon Musk. Audiences across India believe that PM Modi has struck a deal with Elon Musk and his entry strategy to India. The decided import duty for 40,000 vehicles is 15 percent which should not exceed 8000 a month.

The automaker has to make 500 million dollars of investment in 5 years from the date of the first imported car at a lowered tariff. Many investors question if Tesla would back out later stating funding crunch or improper sales. This will produce significant risk for India as they have already lowered the overall import duties for Tesla.

At least five different types of positions were advertised by Tesla including jobs from customer support to business analyst. The roles are available for Maharashtra and Delhi which have an influx of showrooms and high-end cars. The establishment of Tesla in India can be one of the fruitful decisions provided they have a strong customer base and can offer strong after-sales. Electric vehicles have seen a surge in the past few months where Indian Government offering them a substantial amount of subsidy. Tesla can have a higher power if it enters the market with lower import rates and cheaper prices.