Tesla Enters the Indian Market

Tesla CEO Elon Musk said he’s in talks with India’s government to sell electric cars in the country, which is currently the fourth-largest auto market in the world.

Musk said on Twitter Thursday that he is currently negotiating a relief on import penalties until Tesla can build a local factory. This isn’t the first time Musk has announced he intends to enter the Indian market — Musk said in February he was hoping to launch in the country this summer.

In discussions with the government of India requesting temporary relief on import penalties/restrictions until a local factory is built — Elon Musk (@elonmusk) June 14, 2017