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Tesla’s India launch isn’t a short-term fix.
Don’t expect Elon’s EV company to turn its fortunes around any time soon after launching in India today. It may be the world’s third-biggest auto market, but EVs make up less than 5 percent.
Throw in heavy auto import tariffs that leave the Indian Model Y priced almost a third more than in the US, and it’s clear Tesla should expect a slow start.
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