India Imposes Highest Import Tax On E-Vehicles: Elon Musk
Tesla CEO Elon Musk has approached Indian authorities asking for a reduction in import tax before any launch of its electric vehicles in India. Musk took to Twitter and said, ''Import duties are the highest in the world." Reportedly, Musk is also looking for setting up a factory if gets respite in tax. However, India imposes a 60% tax on vehicles below $40,000 and 100% above the value.