Tesla has negotiated to build a factory in the state of Karnataka in India.
I’ve heard opinions about the Indian market for Tesla vehicles and they think that India’s middle class – forget the poor – could afford to buy only tens of thousands of EVs, not enough to justify building a car factory there. Some suggested Tesla should build a factory for 3-wheeled electric rickshaws selling for $4000 apiece. 😮🙄
So the pundits believe most of the Tesla factory will be for making batteries and energy products like Powerwalls and solar roofs. They believe there is a huge market in India for these.
