Even if Tesla launches a BEV at $25,000, CLSA feels that features and specifications would be 'meaningfully compromised' compared to its traditional models

India's EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing,

Tesla is preparing for its highly anticipated entry into the Indian market, a move that has generated excitement among EV enthusiasts and potential buyers. However, despite the possible reduction in import duties,

Tesla's entry would not have a significant impact on major Indian automakers, as the overall penetration of EVs in India remains lower, the report claimed

As Tesla is soon planning to enter in India, even after the reduction in the import duty to below 20 per cent, the cheapest car of Tesla will cost around Rs 35 to 40 lakh, says a report by CLSA, a global capital market company.