Tesla Expands Global Reach with Affordable EV Launch in Germany, India

23 November 2023
GeoSpatial World

AI Generated Summary

Elon Musk’s Tesla is set to launch its most affordable electric vehicle (EV) model, priced at around 25,000 Euros, in Germany in 2024.

The company is also expected to start importing some of its models into India next year, with the launch of the 25,000-Euro EV likely to follow soon after.

Additionally, Tesla is reportedly close to an agreement with the Narendra Modi government in India, which will see the company invest $2 billion in a plant in India, with tax reliefs for the first five years.