Elon Musk's Tesla and Starlink face challenges in India

timesnownews.com

Elon Musk is expanding Tesla and Starlink into India, facing significant challenges. Regulatory hurdles, high costs, and strong local competition may limit their success. Starlink aims to improve rural connectivity but struggles with approvals and affordability compared to local providers. Tesla has opened a showroom in Mumbai and plans a manufacturing plant in Maharashtra. However, its high-priced models compete poorly against affordable options from local automakers like Tata and Mahindra. Without budget-friendly models, mass adoption in India is unlikely. Musk's companies are facing difficulties globally, including declining stock value and lower sales expectations. With increasing regulatory scrutiny and competition, both Tesla and Starlink may find it hard to make a significant impact in the Indian market.


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