Part 7/12:
Tesla is actively negotiating with the Indian government to establish a manufacturing facility in the country, with an anticipated capacity of up to 500,000 EVs annually. The aim is to produce a next-generation vehicle priced around $24,000, targeting the cost-conscious segment. The strategic focus includes leveraging India as an export hub for the Indo-Pacific region, potentially impacting markets as diverse as China. However, Tesla will face import taxes, as India's finance ministry does not consider duty waivers, meaning imported vehicles will still incur applicable tariffs.