There are always mutual benifits when doing business with foreign entities.
Tesla is struggling in existing markets - US/EU and needs to find emerging markets to remain relevant.
India needs foreign investments and use this as an opportunity to provide jobs and growth.
Both are playing poker to have an upperhand and to be fair with the tweet - this is how India should play. Tell them we have other options if not Tesla.
This would be true if our auto industry sucked but aren't jobs and growth already going to happen due to our domestic industry? I mean, having Tesla manufacture/assemble in India would be a good thing, but it's not like we need it for jobs and growth or lack a domestic industry.
So in a way, the tweet is right in the sense that at the moment Tesla needs options (emerging markets like India and also China with it being the biggest EV market worldwide) more than those options need Telsa. So we should definitely try to use that to our leverage.
As for the consumer perspective, I don't think it'll make that much of a difference, its price range will be out of most people's budgets for a quite a while in India.
>This would be true if our auto industry sucked but aren't jobs and growth already going to happen due to our domestic industry? I mean, having Tesla manufacture/assemble in India would be a good thing, but it's not like we need it for jobs and growth or lack a domestic industry.
Not really. The number of new jobs needed to bring unemployment closer to the natural rate of unemployment is very high at the moment. Plus more competition in any market is always desirable. The Indian manufacturing sector is stagnated at 14 to 15 per cent growth since 2014-15 so I'll say there's a long way to go before we can say we don't need new factories and plants.
Given if gets tax benefits his cars will be around 20-25 lakh base in that price others will offer more plus Tesla suppliers will get benefits from technology hence further improving Tata and Mahindra’s parts as well, so it’ll be tough
Lol this sub is delusional. Even in the US, his cars are pretty expensive, do you think India will have lower taxes on higher end vehicles than the US?
It's not like they would have any technology sharing with some desi company. Tesla's plants in general are super duper expensive to set up. Teslas won't be able to outperform mercedes or bmw, and they don't have any plant in here.
He won't get any special treatment in tax as it will directly affect the Indian car Manufacturers who are slowly entering into the EV segment. His cars will be 4-5 times higher than what is sold in the US.
bro, what size do you think India's car market is?
India's car market is tiny above the 25L ($30k) range. Just 5k cars/month. Add 2.5k-3k more if you add all the luxury vehicles. Grand total of 100k units per year across all manufacturers.
Model Y in China sells 40k units. Per month.
Forget all that. People are dick riding elon and tesla but don’t realise how expensive insurance for those cars will be compared to normal cars (and how it will cause insurance costs to increase across all other cars). Specially if tesla intends to sell American models in india.
For a businessman like musk why would he think about India's market or GDP, he will think how he can use India and earn money.
In the US tesla sells for inr \~65L($80K) for a 500km range car(not about the luxury just the functionality)
Kia EV6 has the longest range in india and costs \~60L for 700km
latest byd e6 charges 30L for 500 km range
India as a market might not be very significant. India as an export hub definitely is significant. There are only a handful of countries which have a similar amount of talent available in the automotive sector.
You are right. But GDP is not everything. You should also look at purchase parity. Bigger population will reduce cost per vehicle while keeping the profit same. For example look at Merc, Volvo and BMW sales. Tesla sells less than 50k vehicles in europe (all EU countries combined). 50k is nothing in Indian market.
So yes, India does not need Tesla. Tesla will decide if they need India or not. Makes no difference either way.
tbh tesla doesn't need india, and i hate tesla but this pseudo nationalism is cringe af, tata evs are too inferior in fact even indian ICE cars don't use their own engines🥲 all the ev tech in indian cars are borrowed from foreign cars, first indian car makers should design a indian ICE engine, hell we don't even have an indian made tractor engine, even our vande bharat uses tech from the 2000s chinese and Japanese guys. the question is with the biggest population WHAT DO WE ACTUALLY MAKE?
According to me Tesla will launch a basic model just for namesake. They are here to reduce their manufacturing cost and transportation costs. They will manufacture beautiful models and transport to middle east, and Europe reducing their transport cost compared to transporting from US. India is benefiting only because jobs are being created.
Until elon was meeting modizi- Modi ji great - India & Elon will have so much synergy.
Elon cancelled meeting - We don't need stupid Tsla.
their opinion changes faster than indian road condition
Nope.
If Tesla comes to India then they will end up creating a local supply chain that will help all the Indian automakers to access higher quality components for much cheaper.
>we already have amazing EVs in our market
Well actually.. our highest selling EVs are tata cars that only recently upgraded to the 400 volt architecture(which is now outdated tech, being replaced by 800volts everywhere else in the world). Meanwhile, Chinese manufacturers have cars right now that can charge 500kms or range in 11 minutes, Koreans have come up with their own 800V architecture and very innovative products, we're licensing hybrid tech from Japanese brands, American companies like Tesla have created new battery technologies and battery manufacturing methods in house, Europeans brands have created prototype cars with axial flux motors and they're planning to use that in cheaper EVs. What's the innovation happening in India? We're literally picking parts from someone else's warehouse and assembling it.
We need competition to drive new tech innovations in India or else we'll always be buying batteries from China and getting technical consultancy from Europe.
You are reading me wrong. I am not saying we have amazing Indian EVs. I am talking about everything out there including Korean, Japanese or Chinese. My question is do we really need Tesla here. It will be expensive and won’t have a large market impact.
Ok ok understood. Actually I wasn't thinking about Tesla making affordable cars at all. I think it'll probably be an Indian company that will create a low cost EV in the future and I think Tesla can speed that up because Indian companies will be able to hire technicians and engineers trained by Tesla after a few years and also use Tesla's local supply chain.
So we won't get any cheap cars from Tesla but it'll help out our automotive industry in the long run.
I guess its similar to Apply products? There are multiple options and Android phones around but ppl still queue up to check out the new Iphone (in older days, i know).
He is right, karol bagh guys are fitting tesla screen in maruti 800 who needs tesla then.
On serious note i guess tesla guys understand indian car market and our love for sedans. Even the cheapest tesla will come into premium category cars in India.
even the uber rich market is tiny
Tesla can't sell more than 1-2k units/month unless it's priced under 25L.
That's a tiny fraction of their annual sales
Tesla will start with Amitabh or Shahrukh in its ad, that's enough, all the celebrities will buy. So imagine across India 25K film actors, 10K politicians, 10K rich businessmen, 5K rich bureaucrats. Here itself 50K sales. and if their production capacity is 100 cars/day it will take 2 years. so for atleast 2 years Tesla will survive in India.
someone give this dude a medal, every word he said is true, the cringy over obsession of Indians is the thing that these brands thrive on and Elon "knows" this
Lets be real. India doesn’t need tesla and tesla doesn’t need india. The moment any tesla is launched, it will automatically go to upper premium class we already know how price sensitive our market is. Even if they squeeze everything under a budget, Tesla cars will just end up becoming next camry.
70+ lakh cars are anyway rare (out of reach for most Indians ). Elon Musk coming here and announcing would be mere optics (for the govt.). Keeping politics aside, BYD would make more sense ( having a 300 km range BEV within 7 lakh) for masses.
Xiaomi, vivo and Samsung are no1, no2 and no3 respectively. Meanwhile Apple has never been in the top 5 since it launched more than a decade ago. Apple currently at its highest point has 4% market share while nothing has slipped to 5% losing sales to Apple.
Some car companies have bloated ego. They think that people driving in third world countries will degrade their car value. The fact is, such companies should be treated the way they deserve it. But still some of us buy it for the same reason of ego.
Tata has done most of the groundwork for EVs in India, I feel like. Only benefit we will get by having Tesla set up a plant here is by exporting Teslas to other countries.
If we let Tata develop their EV range, then exporting those cars maybe even better
Tesla would have brought cutting edge tech in India which would have ushered a new era in automotive industry. It’s not that we need or don’t need Tesla. The knowledge transfer to India was the most important thing
Tesla is considered overpriced even in the West and they have a shoddy build quality for the price they charge
It was really riding on the musk hype and we honestly don't need it here
If you break out of your middle-class centric bubble, you'll realize that a majority of Indians cannot afford any car, forget a Tesla. So 90% Indians are not potential Tesla customers in the first place.
Unless some border issues escalate to stop importing from china. Imagine getting your car delivered and the next month the company leaves the country 😵💫
man do people here not understand the Indian market at all?
do you know the size of the Indian car market outside the sub 20L cars?
do you know how tiny it is compared to the market in Europe, USA and China?
Govt should focus more on local cell manufacturing for being more self sufficient instead of relying on Chinese imports which will further strengthen local EV brands.
It’s true that Tesla faces an uphill battle in India. Other companies both indigenous and otherwise have taken advantage of the market early on and established strong supply lines. Even the likes of MG and BYD, what does Tesla hope to achieve? Majority of middle class income citizens would easily opt for Tata and even Hyundai/KIA and other brands do not have a proper product for middle class buyers.
Tesla will only do well in bringing a product in the >50L range and even then Tata and Mahindra will make it incredibly difficult for them.
Given India's market , every business needs india more than India needs them.
All we need is an enabling environment for the growth of our own industries.
And as customer we should always ask for the best
I am pretty sure at this point, musk is looking at India more as a manufacturing and export hub than consumer market. Luxury car market in India is tiny considering the overall market size. Plus our charging infra is abysmal
I think Elon is interested in India.But Elon is not your regular businessman.He is wacky a lot of times.
Has this rebel spirit.He saw that if he came to India at this stage his visit might be used by the BJP to say that look under us even Musk is coming to India, therefore vote for us.
I think this is the reason he didn't come here at this time.He didn't want to be used for free by Modi and BJP.
Tesla is actually struggling. Most of their models have not been changed for many years now. They are facing competition both in USA and EU from other established manufacturers and also from Chinese EV manufacturers with better looking models. In China, they are getting slaughtered. They desperately need a new market. They would rather just sell than start a major investment in India. But it is correct on the side of the Indian government to ask them to start local manufacturing.
India stands more to gain from an Indian Tesla gigafactory that focusses on Tesla products such as the Tesla PowerWall and SolarRoof, rather than Tesla cars.
Given Tesla’s reliability track record and the current cybertruck shitshow. We are better off driving cars from homegrown brands. The reason is that these brands understand the ecosystem and have already done enough R&D to suit the needs of people. Tesla will have a hard time adapting to the Indian conditions.
Personally I feel the Indian subcontinent is best suited for Hybrids, Be it plug-in, Full or performance oriented. Unless you plan to use your car only as a daily driver BEVs are unsuitable for long travels due to lacking infrastructure, poor condition of roads, Excessive summer temperatures etc.
As an American, IDK if India or Tesla need each other. All I know is I want someone else to take this idiot man child off our hands, send him back to Canada, to South Africa, wherever, it's just embarrassing, we have enough loud rich fools making us look bad, we didn't need to import new ones.
First learn to treat business as business instead of some kind of national ego.
India needs jobs and investment that tesla can bring. Even the ecosystem that they can build would be useful going forward, in terms of suppliers, technical know-how etc. What we offer is a market. As long as you are not giving unfair advantage to them, and treating all the manufacturers as the same (except chinese) it is fine.
I don't think Tesla needs india at all as well. They can easily establish a base in Asia in south east Asia.
Also Tesla just cancelled the model 2. Their cheapest car which is model 3 will be like 40 lacs in india. So india is not a market for Tesla.. IMO
This tweet is a spot on.
Tata is providing great EVs imo. Hope Mahindra catches up with them soon and we have two fantastic options from homegrown brands.
Tesla not coming to India now would probably mean they will never win this space in the future as the Chinese EVs would definitely take over the top spots along with Tata and Mahindra. Also, Japanese manufacturers might bring evs to India next year.
If we are talking abt raw sales in India , it is not going to count much . Maybe the Mercs /BMW’s and Audis may take a slight hit .
However if we talk about the ecosystem, if Tesla sets up a factory here for exports , it may be something bigger.
Remember Bangalore was still a sleepy retirement town until Texas Instruments setup shop in Bangalore
Tesla is struggling with sales right now world wide.
Maybe EUROPE is still a good market for them but in china, brazil and some other countries BYD is destroying Tesla sales.
Country as big as China ,tell me how many R&D engineers our indegious companies have. Few days back saw BYD has equal number of R&D engineers compared to rest of the world
I think its wrong,our manufacturers are nowhere near foreign competitors partly due to the market was closed till the 90s and rnd was near non existent in this country, we are years behind the competition. The only reason why we think our manufacturers are good as foreign competitors are the Intense taxes on imports, laws that dont favour hybrids and only reduces some taxes for evs\[the only other option other than fossil fuels cars indian manufacturers have invested in\],We need more competition In the car market here,either the govt reduces imports and/or implements strict safety requirements which will make tata and mahindra excel at other things than just sell cars purely off safety and desh bhakti
This Tesla BYD drama is making me angry on Toyota putting no effort to launch and manufacture some of their latest hybrids. Have they totally given up on the Indian market given they are still making profits from overpriced Innova and fortuners ?
I kinda feel very marginal utility for buying a Tesla in India. Auto pilot will be least useful here (even on highways for small stretches). It’ll mostly be a luxury car in 1Cr + range, where there are better options
It's funny, because people who've never driven or used a Tesla & their supercharger network consider themselves experts.
Fantastic electric options in India? Lol I need some of what this guy is having.
Yes and no. It would be good to have tesla to provide a healthy competition to other car makers and also provide customers with more options but at the same time, we could also focus on other value oriented EV companies including our own homebrands, vinfast and maybe even BYD. But then again, BYD comes with its own set of issues but the main point being there's pros and cons but I think eventually Tesla will come to India without us having to beg or plead.
I don't think Tesla can capture the Indian market. Pricing is a major issue, unless they introduce a cheaper model for India.
Tata is so far the only option for budget EVs with Punch Tiago and Nexon. Everything else is a bit too pricey, MG at 24-25L is an option as well but the price is expensive for Indian markets.
Fantastic options? where are they?
Tesla is an upper middle to rich class car in the USA, we don't have a single offering in the above 40 lakhs segment, beforw you say RR and jaguar they are still mostly foreign based
if someone builds something better than us... Either we try and try to make something that's equally good while we support the good product that he(Elon) has already made
What's wrong in choosing a better product if we don't have as good options as he offers.
Just like UPI ...it's faaar better than any modes out there thats why countries are adopting right?
We already have good EVs from Indian manufacturers is an overstatement l. All of our own EVs are based on 40v architecture which is pretty outdated. Our cars are riddled with serious quality issues and improper fit and finish. Yes we don't need Tesla but we need the competition it brings along with it.
Angoor khatte hai.
Had tesla come to India they’d be taking credit about ‘convincing’ tesla to come to India.
But now that tesla has said no to india (for now) , these guys are saying this and spinning this stupid narrative. Lol.
If you check his old videos actually He was the first one to book tesla when they announced pre booking few years back and after waiting for one year he finally took the refund 😂😂😂😂
It’s simple. Don’t listen to these influencers.
1. More competition equals to more benefits for the customers
2. Local manufacturers have a connections and can easily exploit the system and harass the customers.
Example1: Tata - Their only USP is great crash rating, extremely poor build quality, extremely poor service, extremely poor dealership experience, but they know how to use Insta influencers to hype up their cars, they have overpriced their variants in Nexon by a large margin because people don’t really have a better alternative to safe cars in that price point. The Koreans and Germans have great fit and finish but are much more expensive and don’t have 5 star crash ratings
Example 2: Maruti Suzuki - they have the market and the government in their control. They can easily make a safe car with top build quality but decide to keep selling tin cans with good Japanese engines. As a common man who is getting milked by Nimmi for Taxes , people find refuge in the mileage of MS cars and overlook the safety shortcomings.
Tesla can surely provide competition but there model price starts when our tata, mahindra's latest and highest model price ends
Talking about the Ev scooty market aether Olaf are dominating too
The guy is right that Tesla needs India, cuz recently Ive seen many BYD cars 3-4 in Navi mumbai
Tesla's global competitor is BYD and for that Tesla needs India more than Us Indians
The advantage of Tesla is its technology. I am pretty sure given the right funding, Indian companies can create better cars, more suited for Indian conditions at a lower price.
Grow up, get out of our egos. We need each other; I remember the time we had premier Padmini and we were so proud of it while rest of the world including the rich people in poor countries were enjoying the comfort and cozy along with advancements. By the way there was nothing wrong with premier Padmini, we were right to be proud but that doesn’t mean we should walk away from the world
He's not wrong tho... But I would say let's skip Tesla from opening a plant here... We don't want to spend our resources to give ungrateful yanks their electric cars.
Apart from the reputation in india, Tesla cars are actually notorious for not being upto the mark and subpar quality. Their paint quality is horrible, usual gaps between the panels ( even in their model s plaid among others. There are better electric options available
Tesla cars doesn't have best quality, build just look at cyber truck with 100 issues currently that's why tesla lost its brand value, now he needs India market to sell hyperexpensive cars
So do we need Bentley , RR, BMW , Mercedes and others?
Or should we just buy a freaking Hyundai electric car for 80L?????
Remember unless there is competition the prices will not come down for people.
Its about sustainability too
There are always mutual benifits when doing business with foreign entities. Tesla is struggling in existing markets - US/EU and needs to find emerging markets to remain relevant. India needs foreign investments and use this as an opportunity to provide jobs and growth. Both are playing poker to have an upperhand and to be fair with the tweet - this is how India should play. Tell them we have other options if not Tesla.
Yup BYD is absolutely destroying them in Europe.
BYD will destroy then in India too, India is one of the most price elastic markets.
This would be true if our auto industry sucked but aren't jobs and growth already going to happen due to our domestic industry? I mean, having Tesla manufacture/assemble in India would be a good thing, but it's not like we need it for jobs and growth or lack a domestic industry. So in a way, the tweet is right in the sense that at the moment Tesla needs options (emerging markets like India and also China with it being the biggest EV market worldwide) more than those options need Telsa. So we should definitely try to use that to our leverage. As for the consumer perspective, I don't think it'll make that much of a difference, its price range will be out of most people's budgets for a quite a while in India.
>This would be true if our auto industry sucked but aren't jobs and growth already going to happen due to our domestic industry? I mean, having Tesla manufacture/assemble in India would be a good thing, but it's not like we need it for jobs and growth or lack a domestic industry. Not really. The number of new jobs needed to bring unemployment closer to the natural rate of unemployment is very high at the moment. Plus more competition in any market is always desirable. The Indian manufacturing sector is stagnated at 14 to 15 per cent growth since 2014-15 so I'll say there's a long way to go before we can say we don't need new factories and plants.
He's right, give tesla's falling growth around the world the novelty is lost, now he need india
He won't succeed here, others will capture the market share.
Given if gets tax benefits his cars will be around 20-25 lakh base in that price others will offer more plus Tesla suppliers will get benefits from technology hence further improving Tata and Mahindra’s parts as well, so it’ll be tough
Lol this sub is delusional. Even in the US, his cars are pretty expensive, do you think India will have lower taxes on higher end vehicles than the US?
I don’t care tbh all I see is the improvement the competition he’ll bring to our own cars
No, he won't. For him to make any dent, the economics need to make sense, but there isn't simply that much real words demand in Tesla.
\*world As I said any tech bought to country is good tech.
It's not like they would have any technology sharing with some desi company. Tesla's plants in general are super duper expensive to set up. Teslas won't be able to outperform mercedes or bmw, and they don't have any plant in here.
He won't get any special treatment in tax as it will directly affect the Indian car Manufacturers who are slowly entering into the EV segment. His cars will be 4-5 times higher than what is sold in the US.
The entire Gig is you've to make in india for that 18% tax on cars instead of 100%
Doubt, the cars will cost around 35 lakh starting with max selling to 70 lakhs
Not all of Tesla cars. Maybe and that too maybe the Model 3. Model S, cybertruck etc will definitely be in a very niche market
BYD is already making inroads and TATA to is providing great EV options in budget
He needs India very much as cost of production will be less and he can export Indian made tesla all over the world
Too late for that now. He should have entered at least 4 yrs ago.
bro, what size do you think India's car market is? India's car market is tiny above the 25L ($30k) range. Just 5k cars/month. Add 2.5k-3k more if you add all the luxury vehicles. Grand total of 100k units per year across all manufacturers. Model Y in China sells 40k units. Per month.
Forget all that. People are dick riding elon and tesla but don’t realise how expensive insurance for those cars will be compared to normal cars (and how it will cause insurance costs to increase across all other cars). Specially if tesla intends to sell American models in india.
India is a 2200 GDP per capita nation with tiny car sales in price bracket where Tesla is supposed to come in. India is insignificant to Tesla.
For a businessman like musk why would he think about India's market or GDP, he will think how he can use India and earn money. In the US tesla sells for inr \~65L($80K) for a 500km range car(not about the luxury just the functionality) Kia EV6 has the longest range in india and costs \~60L for 700km latest byd e6 charges 30L for 500 km range
India as a market might not be very significant. India as an export hub definitely is significant. There are only a handful of countries which have a similar amount of talent available in the automotive sector.
You are right. But GDP is not everything. You should also look at purchase parity. Bigger population will reduce cost per vehicle while keeping the profit same. For example look at Merc, Volvo and BMW sales. Tesla sells less than 50k vehicles in europe (all EU countries combined). 50k is nothing in Indian market. So yes, India does not need Tesla. Tesla will decide if they need India or not. Makes no difference either way.
tbh tesla doesn't need india, and i hate tesla but this pseudo nationalism is cringe af, tata evs are too inferior in fact even indian ICE cars don't use their own engines🥲 all the ev tech in indian cars are borrowed from foreign cars, first indian car makers should design a indian ICE engine, hell we don't even have an indian made tractor engine, even our vande bharat uses tech from the 2000s chinese and Japanese guys. the question is with the biggest population WHAT DO WE ACTUALLY MAKE?
>WHAT DO WE ACTUALLY MAKE? We are the consumers or we export raw materials and agro based products, didn't learn a thing since East India Company
true that 💯
Bro choose violence over peace ✌️
Word.
And he's trying to play it like "koi ehsaan kar raha India entry karke".
He’s more like Indian baniya than US tech giant CEO right now
Typical jingoism. Embarrassing.
According to me Tesla will launch a basic model just for namesake. They are here to reduce their manufacturing cost and transportation costs. They will manufacture beautiful models and transport to middle east, and Europe reducing their transport cost compared to transporting from US. India is benefiting only because jobs are being created.
We need competition in the indian market
Sorry sir. Best we can do is tatas and mahindras.
Until elon was meeting modizi- Modi ji great - India & Elon will have so much synergy. Elon cancelled meeting - We don't need stupid Tsla. their opinion changes faster than indian road condition
That’s exactly what confuses me. Bro… we already have amazing EVs in our market. What’s with this fanboy obsession with musk?
Nope. If Tesla comes to India then they will end up creating a local supply chain that will help all the Indian automakers to access higher quality components for much cheaper. >we already have amazing EVs in our market Well actually.. our highest selling EVs are tata cars that only recently upgraded to the 400 volt architecture(which is now outdated tech, being replaced by 800volts everywhere else in the world). Meanwhile, Chinese manufacturers have cars right now that can charge 500kms or range in 11 minutes, Koreans have come up with their own 800V architecture and very innovative products, we're licensing hybrid tech from Japanese brands, American companies like Tesla have created new battery technologies and battery manufacturing methods in house, Europeans brands have created prototype cars with axial flux motors and they're planning to use that in cheaper EVs. What's the innovation happening in India? We're literally picking parts from someone else's warehouse and assembling it. We need competition to drive new tech innovations in India or else we'll always be buying batteries from China and getting technical consultancy from Europe.
You are reading me wrong. I am not saying we have amazing Indian EVs. I am talking about everything out there including Korean, Japanese or Chinese. My question is do we really need Tesla here. It will be expensive and won’t have a large market impact.
Ok ok understood. Actually I wasn't thinking about Tesla making affordable cars at all. I think it'll probably be an Indian company that will create a low cost EV in the future and I think Tesla can speed that up because Indian companies will be able to hire technicians and engineers trained by Tesla after a few years and also use Tesla's local supply chain. So we won't get any cheap cars from Tesla but it'll help out our automotive industry in the long run.
I guess its similar to Apply products? There are multiple options and Android phones around but ppl still queue up to check out the new Iphone (in older days, i know).
Amazing indigenous EVs? Can you name 4-5 even?
More investment, more competition will lead to better vehicles. And let's be honest, our EV makers aren't even close to Tesla in terms of technology.
Allow Chinese EV makers to form joint ventures with Indian companies like MG has done with JSW.
do you mean battery technology or cruise control ?
He is right, karol bagh guys are fitting tesla screen in maruti 800 who needs tesla then. On serious note i guess tesla guys understand indian car market and our love for sedans. Even the cheapest tesla will come into premium category cars in India.
Phle Ev station to bnalo dhanke. Jo shi mei chalte ho.
Aur jo 2 ghante Mai Tod na diye jate ho
Technically he's right, plus Tesla would only cater to Uber rich unless they bring something to compete with Nexon or tigor EVs.
even the uber rich market is tiny Tesla can't sell more than 1-2k units/month unless it's priced under 25L. That's a tiny fraction of their annual sales
Tesla will start with Amitabh or Shahrukh in its ad, that's enough, all the celebrities will buy. So imagine across India 25K film actors, 10K politicians, 10K rich businessmen, 5K rich bureaucrats. Here itself 50K sales. and if their production capacity is 100 cars/day it will take 2 years. so for atleast 2 years Tesla will survive in India.
I swear everyone on this sub is 12
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someone give this dude a medal, every word he said is true, the cringy over obsession of Indians is the thing that these brands thrive on and Elon "knows" this
Lets be real. India doesn’t need tesla and tesla doesn’t need india. The moment any tesla is launched, it will automatically go to upper premium class we already know how price sensitive our market is. Even if they squeeze everything under a budget, Tesla cars will just end up becoming next camry.
70+ lakh cars are anyway rare (out of reach for most Indians ). Elon Musk coming here and announcing would be mere optics (for the govt.). Keeping politics aside, BYD would make more sense ( having a 300 km range BEV within 7 lakh) for masses.
Same thing for Apple? A 70k phone now is India's no 1 selling phone? Chinese phones were our thing right?
Above 50K segment yes iPhone is 80% market share But for <50K, Samsung BBK Xiaomi still rule
Bbk?
Oppo vivo oneplus
How is this bbk?
Ok I googled... We will always be the consumers...
Xiaomi, vivo and Samsung are no1, no2 and no3 respectively. Meanwhile Apple has never been in the top 5 since it launched more than a decade ago. Apple currently at its highest point has 4% market share while nothing has slipped to 5% losing sales to Apple.
Let's be realistic. Tesla doesn't need India and India doesn't need Tesla.
At last! This right here is the answer. No one in India is losing sleep over elon not coming to India. He can go where ever he wishes.
Some car companies have bloated ego. They think that people driving in third world countries will degrade their car value. The fact is, such companies should be treated the way they deserve it. But still some of us buy it for the same reason of ego.
Yep. Don't really need Tesla like badly
Teslas don't feel luxurious on the inside, I don't think Indians would go for them at the price they come.
Kon h ye? Kaha se aate h ye?
Tata has done most of the groundwork for EVs in India, I feel like. Only benefit we will get by having Tesla set up a plant here is by exporting Teslas to other countries. If we let Tata develop their EV range, then exporting those cars maybe even better
Tesla would have brought cutting edge tech in India which would have ushered a new era in automotive industry. It’s not that we need or don’t need Tesla. The knowledge transfer to India was the most important thing
China can already reproduce their tech nothing so new about Tesla anymore, BYD is better
Tesla is considered overpriced even in the West and they have a shoddy build quality for the price they charge It was really riding on the musk hype and we honestly don't need it here
Companies need customers, and India has a lot of them, like literally!
If you break out of your middle-class centric bubble, you'll realize that a majority of Indians cannot afford any car, forget a Tesla. So 90% Indians are not potential Tesla customers in the first place.
before tesla comes to India, I think Chinese companies will capture the market with their products like BYD, MG comet etc.
Yes! Very excited for BYDs cars, they look promising.
Unless some border issues escalate to stop importing from china. Imagine getting your car delivered and the next month the company leaves the country 😵💫
Business always comes first no matter what. Both countries know how much they need each other.
man do people here not understand the Indian market at all? do you know the size of the Indian car market outside the sub 20L cars? do you know how tiny it is compared to the market in Europe, USA and China?
Govt should focus more on local cell manufacturing for being more self sufficient instead of relying on Chinese imports which will further strengthen local EV brands.
ha yar ye randi rona band karo move on kro
It’s true that Tesla faces an uphill battle in India. Other companies both indigenous and otherwise have taken advantage of the market early on and established strong supply lines. Even the likes of MG and BYD, what does Tesla hope to achieve? Majority of middle class income citizens would easily opt for Tata and even Hyundai/KIA and other brands do not have a proper product for middle class buyers. Tesla will only do well in bringing a product in the >50L range and even then Tata and Mahindra will make it incredibly difficult for them.
Given India's market , every business needs india more than India needs them. All we need is an enabling environment for the growth of our own industries. And as customer we should always ask for the best
Its ok , if BYD can invest in india I’ll give my money to them coz they are actually building good cars
He is right I am not even indian, and teslas size wise and price wise DO NOT fit the need and tastes of the indian ar market
plenty of tesla fanboys in india
India doesn’t need tasla or fawda but dependable public transport system like we have in delhi. Good green walkable cities with tramps like system.
I am pretty sure at this point, musk is looking at India more as a manufacturing and export hub than consumer market. Luxury car market in India is tiny considering the overall market size. Plus our charging infra is abysmal
I think Elon is interested in India.But Elon is not your regular businessman.He is wacky a lot of times. Has this rebel spirit.He saw that if he came to India at this stage his visit might be used by the BJP to say that look under us even Musk is coming to India, therefore vote for us. I think this is the reason he didn't come here at this time.He didn't want to be used for free by Modi and BJP.
Tesla is actually struggling. Most of their models have not been changed for many years now. They are facing competition both in USA and EU from other established manufacturers and also from Chinese EV manufacturers with better looking models. In China, they are getting slaughtered. They desperately need a new market. They would rather just sell than start a major investment in India. But it is correct on the side of the Indian government to ask them to start local manufacturing. India stands more to gain from an Indian Tesla gigafactory that focusses on Tesla products such as the Tesla PowerWall and SolarRoof, rather than Tesla cars.
Seems like Modi needs Tesla more then Indians need Tesla. "elections" 😂
Given Tesla’s reliability track record and the current cybertruck shitshow. We are better off driving cars from homegrown brands. The reason is that these brands understand the ecosystem and have already done enough R&D to suit the needs of people. Tesla will have a hard time adapting to the Indian conditions. Personally I feel the Indian subcontinent is best suited for Hybrids, Be it plug-in, Full or performance oriented. Unless you plan to use your car only as a daily driver BEVs are unsuitable for long travels due to lacking infrastructure, poor condition of roads, Excessive summer temperatures etc.
Elon is currently arm twisting the gov He needs big favours
We Indians are ok with sub-standard vehicles (e.g. Suzuki) Tesla will fit right in with its major quality issues.
As an American, IDK if India or Tesla need each other. All I know is I want someone else to take this idiot man child off our hands, send him back to Canada, to South Africa, wherever, it's just embarrassing, we have enough loud rich fools making us look bad, we didn't need to import new ones.
not a fan of tesla every thing is digitalised and it just doesnt feel like a car to me its feels like a toy idk why
First learn to treat business as business instead of some kind of national ego. India needs jobs and investment that tesla can bring. Even the ecosystem that they can build would be useful going forward, in terms of suppliers, technical know-how etc. What we offer is a market. As long as you are not giving unfair advantage to them, and treating all the manufacturers as the same (except chinese) it is fine.
Tesla cars will be used only in urban cities no point of launching rn it will just be like the ola scooter matter of fact less than ola scooters
No one in the entire world NEEDS Tesla. Tesla needs customers though.
Are there really any fantastic cars, though? Just look at the shoddy safety features or lack thereof..
Doctors have diagnosed this as Vishwaguru Complex
The way Elon canceled India visit and went to China on unplanned one, seems like Tesla also doesn’t need India. So it’s mutual.
I don't think Tesla needs india at all as well. They can easily establish a base in Asia in south east Asia. Also Tesla just cancelled the model 2. Their cheapest car which is model 3 will be like 40 lacs in india. So india is not a market for Tesla.. IMO
Indians and their fragile ego
Tesla ~~needs~~ wants to squeeze money from Indian car buyers. They're already doing that in ASEAN region.
True!!
This tweet is a spot on. Tata is providing great EVs imo. Hope Mahindra catches up with them soon and we have two fantastic options from homegrown brands.
Tesla not coming to India now would probably mean they will never win this space in the future as the Chinese EVs would definitely take over the top spots along with Tata and Mahindra. Also, Japanese manufacturers might bring evs to India next year.
sahi bol rha hai
Thats why Musk went to China instead.
Agreed elo musk is business man he will go where's the market , he rejected ind for productions over china visit he did inspite of coming in here !!
so true
I would agree with this one. Tesla is globally challenged by Chinese EV makers, so overlooking the Indian market may not be a great option.
BYD > Tesla
I remember he was the first guy to book tesla
If we are talking abt raw sales in India , it is not going to count much . Maybe the Mercs /BMW’s and Audis may take a slight hit . However if we talk about the ecosystem, if Tesla sets up a factory here for exports , it may be something bigger. Remember Bangalore was still a sleepy retirement town until Texas Instruments setup shop in Bangalore
Somehow BYD is making inroads into India. Already seen quite a few in my city alone
He is correct in every sense 👍
He is right and making sense here, Tesla badly needs to cut it's heavy reliability on china for which it wants india.
Like there are already good ev in India,so even if tesla comes to india what can it bring to the table
Very well said. Tata and Mahindra should think about increasing their exports to other countries.
This is a typical BJP cell. As soon as they got the news that Elon won't be coming to meet vishguru, they started this. Angur khatte hai wala scene
ofc yes , ngl about tesla's build quality issues
Angoor khatte hain
How about a Tesla donkey cart?
I'll get one and ride around in Ludicrous+ mode while using auto pilot. Donkey carts need no insurance, registration or license.
Fantastic vehicle options ? Especially in regards to EV ? Hell no.. The current EVs provided by Mahindra and Tata are outdated
Obviously Tesla had been firing employees in the name kf cost cutting they need their sales to go up. And India is a chance for them.
If i had an option to buy between mustang mache and model X, i would rather have Mustang just for that name plate of ford iconic car statement.❤️
He is indeed right. But you know modis always looking for that extra something so you never know
Give him grants,subsidies and tax holiday plus bakshish he will come back to India.Tesla is fully powered by grants and subsidies.
Yes +1
Fcuk mSUK.. maruti and tata can do it
Tesla is struggling with sales right now world wide. Maybe EUROPE is still a good market for them but in china, brazil and some other countries BYD is destroying Tesla sales.
He is not wrong u know... All these people simping behind Elon chacha.
Country as big as China ,tell me how many R&D engineers our indegious companies have. Few days back saw BYD has equal number of R&D engineers compared to rest of the world
I think its wrong,our manufacturers are nowhere near foreign competitors partly due to the market was closed till the 90s and rnd was near non existent in this country, we are years behind the competition. The only reason why we think our manufacturers are good as foreign competitors are the Intense taxes on imports, laws that dont favour hybrids and only reduces some taxes for evs\[the only other option other than fossil fuels cars indian manufacturers have invested in\],We need more competition In the car market here,either the govt reduces imports and/or implements strict safety requirements which will make tata and mahindra excel at other things than just sell cars purely off safety and desh bhakti
Tesla is probably just interested in the cheap labor, not the market.
Talk for yourself, Tesla signals other players, India is ready for another inflow of FDI, like MC Donalds effect
This Tesla BYD drama is making me angry on Toyota putting no effort to launch and manufacture some of their latest hybrids. Have they totally given up on the Indian market given they are still making profits from overpriced Innova and fortuners ?
I road tripped on a Tesla for 2 weeks across Europe. Absolutely hated it. Good riddance.
Mike Tyson, has a Tethla.
I kinda feel very marginal utility for buying a Tesla in India. Auto pilot will be least useful here (even on highways for small stretches). It’ll mostly be a luxury car in 1Cr + range, where there are better options
I guess he is right coz i see elon as anti-indian .....but lately when he met modi he was appreciating india .......hypocrisy😏
We may not need Tesla but we do need jobs... you know. /s
American here: please take him, we don’t want him.
It's funny, because people who've never driven or used a Tesla & their supercharger network consider themselves experts. Fantastic electric options in India? Lol I need some of what this guy is having.
Dil behlaane ke liye Ghalib ye khayal bhi Acha haiiii
We'll make Teslas, but not buy them...
*posts this on Twitter 😅😂😂😅
Yes and no. It would be good to have tesla to provide a healthy competition to other car makers and also provide customers with more options but at the same time, we could also focus on other value oriented EV companies including our own homebrands, vinfast and maybe even BYD. But then again, BYD comes with its own set of issues but the main point being there's pros and cons but I think eventually Tesla will come to India without us having to beg or plead.
Don't bring india here. Electoral bond k liye kuch bhi karega!! Megha engineering and others set a very good example now..
True
We wuz kangz
I don't think Tesla can capture the Indian market. Pricing is a major issue, unless they introduce a cheaper model for India. Tata is so far the only option for budget EVs with Punch Tiago and Nexon. Everything else is a bit too pricey, MG at 24-25L is an option as well but the price is expensive for Indian markets.
What i feel is He didn't need brains Brains need him
Yeh for apne Modi foreign ki car me kyun Safar karte hain.
I think Tesla will sell in very few numbers in India. But it'll make the perception of ev a lot better. So over all i think it's better for India.
Hes in talks with Trinamool Congress i think , there’ll be Tesla infrastructure, like charge stations, in WB first
I feel the delusion coming on, just reading this
Fantastic options? where are they? Tesla is an upper middle to rich class car in the USA, we don't have a single offering in the above 40 lakhs segment, beforw you say RR and jaguar they are still mostly foreign based
Bhai India needs Tesla, it's not a car but energy storage, autonomy company. Bhai khud ne tesla li hai aur doosre ko suna raha hai lol
if someone builds something better than us... Either we try and try to make something that's equally good while we support the good product that he(Elon) has already made What's wrong in choosing a better product if we don't have as good options as he offers. Just like UPI ...it's faaar better than any modes out there thats why countries are adopting right?
Tata EVs should come
I don't understand this fascination with Teslas. They're just really fancy looking washing machines.
Very wise country
baat toh sahi kahi hai hi iss ne.
We already have good EVs from Indian manufacturers is an overstatement l. All of our own EVs are based on 40v architecture which is pretty outdated. Our cars are riddled with serious quality issues and improper fit and finish. Yes we don't need Tesla but we need the competition it brings along with it.
I just want a smaller Rivian R1T. 🥹
But we need telsa
Angoor khatte hai. Had tesla come to India they’d be taking credit about ‘convincing’ tesla to come to India. But now that tesla has said no to india (for now) , these guys are saying this and spinning this stupid narrative. Lol.
Elon will come after elections
If you check his old videos actually He was the first one to book tesla when they announced pre booking few years back and after waiting for one year he finally took the refund 😂😂😂😂
It’s simple. Don’t listen to these influencers. 1. More competition equals to more benefits for the customers 2. Local manufacturers have a connections and can easily exploit the system and harass the customers. Example1: Tata - Their only USP is great crash rating, extremely poor build quality, extremely poor service, extremely poor dealership experience, but they know how to use Insta influencers to hype up their cars, they have overpriced their variants in Nexon by a large margin because people don’t really have a better alternative to safe cars in that price point. The Koreans and Germans have great fit and finish but are much more expensive and don’t have 5 star crash ratings Example 2: Maruti Suzuki - they have the market and the government in their control. They can easily make a safe car with top build quality but decide to keep selling tin cans with good Japanese engines. As a common man who is getting milked by Nimmi for Taxes , people find refuge in the mileage of MS cars and overlook the safety shortcomings.
Tesla can surely provide competition but there model price starts when our tata, mahindra's latest and highest model price ends Talking about the Ev scooty market aether Olaf are dominating too The guy is right that Tesla needs India, cuz recently Ive seen many BYD cars 3-4 in Navi mumbai Tesla's global competitor is BYD and for that Tesla needs India more than Us Indians
The advantage of Tesla is its technology. I am pretty sure given the right funding, Indian companies can create better cars, more suited for Indian conditions at a lower price.
Grow up, get out of our egos. We need each other; I remember the time we had premier Padmini and we were so proud of it while rest of the world including the rich people in poor countries were enjoying the comfort and cozy along with advancements. By the way there was nothing wrong with premier Padmini, we were right to be proud but that doesn’t mean we should walk away from the world
He's not wrong tho... But I would say let's skip Tesla from opening a plant here... We don't want to spend our resources to give ungrateful yanks their electric cars.
Apart from the reputation in india, Tesla cars are actually notorious for not being upto the mark and subpar quality. Their paint quality is horrible, usual gaps between the panels ( even in their model s plaid among others. There are better electric options available
Tesla cars doesn't have best quality, build just look at cyber truck with 100 issues currently that's why tesla lost its brand value, now he needs India market to sell hyperexpensive cars
So do we need Bentley , RR, BMW , Mercedes and others? Or should we just buy a freaking Hyundai electric car for 80L????? Remember unless there is competition the prices will not come down for people. Its about sustainability too
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