Tesla Club India®
@TeslaClubIN · Aug 1, 2019
Yes Elon. For car over $40k, import is 100%. For less than $40k, its 60%. So won't make sense. But having a small vehicle assembly plant can help. Import just 10-15%. And govt recently reduced GST on EV from 12% to 5% and on chargers also from 18% to 5%.
Elon Musk
@elonmusk
For other countries, we pay in part for the local factory by selling cars there ahead of time. Also, gives a sense of demand. Current rules in India prevent that, but recent changes in sales tax give hope for future changes.
05:59 PM · August 1, 2019 · 0 views
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