About this episode
Tesla’s story in India has been more like a stalled engine than a roaring electric debut—despite years of headlines, high-level meetings, and hopeful tweets. While the Indian government did slash import duties on premium EVs from a staggering 110% to a friendlier 15%, it wasn’t enough. Because for Tesla, this isn't just about taxes. It is about suppliers, standards, scale, and most importantly, timing. But India wants Tesla.
Prime ministers have courted the company. Officials have tweaked policies. Showrooms are being prepped. And yet, eight years after the Model 3 opened bookings in India, those cool-looking cars are nowhere to be seen on our roads. In fact, buyers have been canceling and Tesla’s India leadership is quitting.
What is going on?
Tune in.
**Correction: The host mistakenly referred to Hyundai Ioniq car model as Iconiq. The error is regretted.
P.S The Ken’s podcast team is hiring! Here’s what we’re looking for.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.Listen to the latest episode of Two by Two here
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