Elon Musk: Elon Musk’s Tesla’s sweat is starting to leave in China, now he must be regretting not coming to India – elon musk says china rivals are work hardest and smartest
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Musk said he respects Chinese car companies but the Chinese market is the most competitive in the world. However, Musk did not name any Chinese company. “Chinese companies work hard and work smart,” he said. In the coming days, a Chinese company can give a tough challenge to Tesla in the electric car market. He said that Tesla is number one in China right now and the best talent there is joining Tesla. Tesla recently promoted its chief Tom Zhu to head US factories in China. Along with this, he has also been given the command of sales in North America and Europe.
regret not coming to india
In view of the decreasing demand, Tesla has recently reduced the price of its vehicles. Tesla first gave discounts to customers in the US and other markets, and then did the same in China. Musk has praised Chinese workers and companies there many times before. In the year 2021, he described China’s auto companies as the most competitive in the world. At the same time, he said that Chinese workers were working day and night in Tesla’s factory during the Corona lockdown. Last year, Tesla sold record vehicles but the number was less than expected.
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Musk first announced the launch of ‘Model 3’ in India in the year 2016 itself. It was a sedan car whose price in India was expected to be 70 to 90 lakh rupees. Its pre-bookings were also done for some time in the same year. But the company had dropped its plan at the last moment. The company had problems with India’s import policy. Musk was demanding a reduction in import duty from the government. But the government wanted Tesla to make cars in India only. Eventually Musk decided not to enter India. The market for electric cars in India is growing rapidly. That’s why today Musk must be regretting his decision.
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