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No wonder they have opened a showroom in India
by saaspirant 1y ago
No wonder they have opened a showroom in India
- decimalenough 1y agoTeslas are stupidly unaffordable for the average Indian, especially with the 100% tariff currently in place for non-Indian car imports. There has been talk for years of Tesla opening a local factory, but this remains just talk.
- freeopinion 1y agoI doubt that Tesla intends to market to the average Indian. I'm not sure it has reached out to the average American, yet. I think it has, but only at the bottom of its target market.
- decimalenough 1y agoOh, I'm sure it doesn't, but my point is that there's no way sales in India will have a meaningful impact on Tesla's bottom line anytime soon.
- freeopinion 1y agoObvious math: Population of US: ~340M 1 percenters of US: ~3.4M 1% of 1 percenters of US: ~34K Population of India: ~1.4B 0.1 percenters of India: ~1.4M 1% of 0.1 percenters of India: ~14K So if you only target the extreme top of the wealth demographic in India, the numbers still matter. If you somehow convinced 1/2 of 1% of the millionaires in India to purchase a Cybertruck and donate it to a local mobile health clinic, you would increase global sales of Cybertrucks by 100%. Is there any way sales in New Mexico will have a meaningful impact on Tesla's bottom line? West Virginia? South Carolina? There are more Tesla dealerships in New Mexico than in all of India.
- spacemadness 1y agoTeslas are unaffordable for the average American as well. Assuming we consider buried in debt for 5+ years unaffordable.
- akmittal 1y agoTesla model Y starts at 70,000 USD in India. In india they wont sell well till India reduces import duty and they have price around 30-35K USD
- TheAlchemist 1y agoThe only reason the showroom in India was opened, is for Tesla influencers to pump it on Twitter.