Tesla will be launched in this Muslim country before India!
News of Elon Musk's company Tesla's entry in the indian market is constantly coming out. tesla has also finalized a place in mumbai to open a showroom in India. But Elon Musk is going to enter saudi arabia before India. tesla informed through a post that this brand's car will be launched in saudi arabia on april 10.
Will Tesla's car run in Saudi Arabia?
Elon Musk's company is going to launch an electric car in a country which is called an oil producing country. According to a report released in september by PWC, the sale of electric cars in saudi arabia is a little more than 1 percent. This launch event of Tesla's electric cars is going to be held on april 10 in Saudi Arabia's capital Riyadh.
Tesla lags behind BYD
Tesla is now selling its cars in europe as well as in the rest of the world. Last year, the company's sales have declined by one percent. Tesla's cars compete with Chinese cars. According to a recent report, Chinese company BYD has overtaken tesla in sales in the year 2024. BYD sold electric and hybrid cars worth $107 billion in the year 2024. At the same time, tesla sold vehicles worth $98 billion.
Tesla will come to India
Elon Musk's company tesla may soon enter india as well. According to CLSA, the price of the cheapest tesla car in india will be between Rs 35 to 40 lakh. In the US, the price of cars of this brand starts from $35,000. If automakers bring these electric cars to india in the range of Rs 25 lakh, then Tesla's car can compete with other electric car companies.
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