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Indians who pre-ordered Teslas in 2016 are giving up and chasing refunds
Elon Musk dodged another India visit, and many who placed $1,000 Tesla deposits admit the dream is over, while fanboys keep the faith.
Musk’s will-he-won’t-he relationship with India, in posts to X since 2017.“People who booked around eight years ago aren’t the ones to fret on [the] $1,000 amount,” Yugal Joshi, partner at global research firmEverest Group, told Rest of World. Tesla is “looking for a liberalized duty regime as well because it’s a huge undertaking they’re doing,” Mahesh Murthy, founder of venture capital fund Seedfund and digital marketing firm Pinstorm, told Rest of World. Ankur Bisen, senior partner at consulting firm Technopak, told Rest of World that Tesla’s standing in the Indian EV ecosystem is not the same as eight years ago because there are multiple viable options in the market now.
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