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RE: LeoThread 2025-02-21 10:06

in LeoFinance2 months ago

Part 5/8:

Despite the hype surrounding luxury electric vehicles like the Model S and the Cybertruck, experts agree that the Indian market's true potential lies in more affordable EVs. Given India's vast population and one of the fastest-growing automotive sectors globally, Tesla would need to focus on mass-market vehicles to achieve meaningful sales figures.

The long-awaited entry of Tesla into India could also trigger a shift in consumer behavior, encouraging more widespread adoption of electric vehicles among the masses.

The Challenges Ahead: Navigating Local Dynamics