Home
Transportation
Tesla's India Plans on Hold Thanks to Tough Government Rules: Musk

Tesla's India Plans on Hold Thanks to Tough Government Rules: Musk

By Indo-Asian News Service | Updated: 30 May 2018 16:30 IST

Tesla CEO Elon Musk said on Wednesday that he would love to roll out Tesla cars in India but tough government regulations have forced him to apply the brakes on his India plans till date.

"Would love to be in India. Some challenging government regulations, unfortunately," Musk tweeted in a response to a Twitter user who wrote "No Tesla in India" to him.

"Deepak Ahuja, our CFO, is from India. Tesla will be there as soon as he believes we should," added Musk, who is also the SpaceX founder.

Ahuja, a seasoned auto industry finance executive with 15 years experience at Ford Motor Company, joined Tesla Motors as Chief Financial Officer in 2010.

He holds Bachelors' and Masters' degrees in Materials Engineering from Banaras Hindu University and Northwestern University, respectively and an MBA from Carnegie Mellon University.

Ahuja works out of Tesla's San Carlos headquarters. He quit Tesla in 2015, only to join it back in 2017.

Last year, Musk said Tesla's cars could come to India the summer but there has not been any further development.

Musk later blamed the FDI norms in India for delay in Tesla's entry into the Indian market.

"Maybe I'm misinformed, but I was told that 30% of parts must be locally sourced and the supply doesn't yet exist in India to support that," he had tweeted.

The Make in India's Twitter handle replied: "@elonmusk With respect to news reports on launch plans of Tesla in India being delayed, please note some key clarifications#MakeInIndia".

Musk has revealed plans to install 10,000 Supercharger stations for his company's electric vehicles around the world by 2019 end.

He tweeted a global map of the upcoming Supercharger stations, mainly in Europe, North America and China but not in India.

There are at present 1,229 Supercharger stations across the world, with 9,623 Superchargers installed which can charge an electric vehicle in just 30 minutes (nearly 80 per cent capacity).

Tesla recently confirmed that it has produced its 300,000th vehicle. There are now 212,821 Model S vehicles, 71,927 Model X vehicles, and 1,770 Model 3 vehicles.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.