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Tesla fans who paid $1,000 to order EVs eight years are still waiting for cars

Mirror
Summary
Nutrition label

72% Informative

India is the world's third -largest auto market, following China and the United States .

The average price of cars sold in India in 2023 was $ 14,000 , compared to $ 47,000 in the U.S. A new Tesla 3 can be bought by an American for around $40,000 . In India , this is considered a luxury car price, and buyers expect top-notch after-sales service.

Many in India remain sceptical about EVs in what is considered a relatively small and congested market.

Tesla would need to hit a "sweet spot" pricing of around $30,000 for an affordable mass-market EV to truly captivate Indian consumers.

Even if Tesla agrees to build a factory in India within three years and starts selling its cars, the price of most imported Teslas would be on par with luxury vehicles from established brands like Mercedes Benz and Audi .

VR Score

78

Informative language

80

Neutral language

60

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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