, the rumored Indian factory would produce a new low-cost electric model for the local market and for export, with an estimated starting price that’s the equivalent of $24,600 .
The discussions for a potential new Gigafactory come after Tesla lobbied the Indian government last year to lower import taxes on EVs shipped to the country, but that led nowhere, with officials calling on the company to commit to making cars locally.in June signaled a restart in the talks, with Tesla’s CEO saying that he intended to make a significant investment in the country.
“Well, we did make an announcement that Mexico would be our next location outside the US, we picked a site and everything, so there’s that,” said Tesla’s CEO. “And then, we’ll probably pick another location towards the end of this year.”As always, we’d like to know what you think about this, so head over to the comments section below to give us your thoughts.