Tesla’s $2 Billion Investment in India Hinges on EV Import Tax Reductions

Tesla’s potential $2 billion investment in India is creating a buzz in the global electric vehicle (EV) landscape. This move, contingent on India reducing its hefty import taxes on EVs, could be a significant milestone in the global EV market. At present, India imposes a steep import tax—up to 100% for EVs exceeding $40,000 and … Read more

Tesla’s Potential to Drive Down EV Prices in 2023: A Glimpse into a More Affordable Electric Future

The electric vehicle (EV) market is rapidly expanding as consumers and businesses recognize the environmental and economic benefits of switching from gasoline-powered vehicles. While EVs have traditionally been more expensive than their gasoline counterparts, the cost of EV technology is rapidly decreasing, making them increasingly affordable for a wider range of consumers. Tesla, a pioneer … Read more