Tesla marks formal India entry with Mumbai launch event
In an invitation to media late on Thursday, the carmaker said the July 15 event was the 'launch of Tesla in India through the opening of the Tesla experience centre at Bandra Kurla Complex' in the city's leading commercial business district.
Grappling with excess manufacturing capacity at its other factories and falling sales, Tesla has pivoted to selling imported cars in India on which it will need to pay about 70% import duty and other levies.
Commercially available customs records from January to June showed Tesla imported vehicles, chargers and accessories into India worth close to $1m, mainly from China and the US.
The vehicles included six of Tesla's best-selling Model Y at a shipment value of $32,500 (R579,426) each for five cars and $46,000 (R820,110) for the long-range version, as well as several Superchargers.
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