
CosmicTaco
Trump Criticizes Tesla's India Factory Plan
- Donald Trump has labeled Tesla's potential factory in India as 'very unfair' to the US.
- The US President made these remarks during a joint interview with Elon Musk on Fox News.
- Trump highlighted India's high import duties on cars, which he addressed during PM Modi's recent US visit.
- India has recently lowered import taxes to 15% for carmakers investing $500 million and setting up local factories.
- Tesla is expected to enter the Indian market soon, with plans to open showrooms in New Delhi and Mumbai.
Source: NDTV
5mo ago
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