Indian Employees keep leaving Tesla..!? Why?

Sowmiya Sriram
Indian Employees keep leaving Tesla..!? Why?

In many countries of the world, the tension of layoffs has started to spread among many sectors. This tension is particularly high among tech workers, but Tesla's situation is different. Due to the uncertainty of its business in india, there are reports that many executives are leaving the company. tesla, the world's leading electric car manufacturer, has been interested in starting its business in india for the past few years.
However, with Elon Musk saying that taxes are high in india, its future in india remains uncertain. The indian government will give tax incentives only to cars manufactured in india and sold here. Especially through the government's PLI program, they are providing various subsidy benefits. You can get this benefit for the cars that you manufacture here and sell here. You can export from here. But it categorically denied that no tax relief can be given to imported and sold cars. So it is in such a situation that the arrival of tesla has become a big question mark.
Amidst such a standoff in india, the tesla indians group of 12 indians has started to exit one by one. Manuj Khurana, Executive Officer, Policy and business Development, has been appointed to the india team. While he left tesla last June, 3 others are said to have left. It includes Nishant, legal expert Nitika Chapra, and sales executive Ankit Kesarwani.
Experts say the departure of indian employees reflects Elon Musk's lack of interest in India. According to a recent filing with the Ministry of corporate Affairs, last June, tesla promoted its human resources head, Chitra Thomas, as additional director of its india company. Notably, the move comes after the exit of prashant Menon, who was appointed head of the indian market. The import and sale of Tesla's luxury cars have dampened interest among car enthusiasts as the tax increases and the prices are also very high. There were high expectations that tesla could make its Model 3 car in India. Due to this, it is expected to cost around 60-70 lakh rupees.

Find Out More:

Related Articles: