Tesla’s eyes are once again set on the Indian market, with a potential multi-billion-dollar investment in the offing. However, this move depends on a crucial factor: the reduction of import taxes on electric vehicles. Tesla’s Indian venture has been a recurring theme, but the road to realization seems to be paved with hurdles, particularly in the form of import duties that could make or break the deal.

According to a report by Economic Times, Tesla is contemplating a substantial investment of up to €2 billion to establish a manufacturing presence in India. This decision, though, hangs… Read more…