Tesla is setting aside €5 billion for its first gigafactory in Brandenburg, Germany, where it will manufacture the Model Y Crossover. The factory has plans to increase its capacity by an additional 1 million units annually.
There have been reports suggesting that Tesla is considering launching a €25,000 car in the Indian market, but sources note that discussions about potential customs duty concessions for Tesla in India are still speculative, and no formal decision has been made. Most likely, the imports may happen via Germany.
Tesla is a successfully recognised brand worldwide and there are a lot of fans for the cars globally.
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