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Trump says unfair to US if Musk builds factory in India

  • Trump stated it would be "unfair" to the U.S. If Elon Musk built a factory in India, claiming it circumvents tariffs.
  • Trump criticized India's high import tariffs of around 100% on electric vehicles, which protect local automakers like Tata Motors.
  • India's government announced a new electric vehicle policy that lowers import taxes to 15% for companies investing $500 million and establishing a factory.
  • Tesla plans to set up showrooms in New Delhi and Mumbai and is hiring in India, although it does not manufacture there yet.
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FortuneFortune

Trump warns Elon Musk building a Tesla factory in India would be 'very unfair' to his administration

India is a tough market to crack: Foreign brands compete for about a third of overall demand, and total EV sales remain vestigial.

·New York, United States
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Business InsiderBusiness Insider

A rare split opened between Musk and Trump over Tesla's plan to build its presence in India

Building a Tesla factory in India would be "unfair" to the US, Trump said in a joint interview with Musk this week.

·United States
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Scroll IndiaScroll India

Donald Trump says it would be ‘unfair’ to US if Elon Musk builds Tesla factory in India

He claimed that every other country in the world takes advantage of the United States through tariffs.

·India
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NDTVNDTV

"Very Unfair": Donald Trump On Elon Musk's Tesla Building Factory In India

US President Donald Trump has said that any potential plans of the EV maker to build a factory in India, to circumvent that country's tariffs, would be 'very unfair'.

·New Delhi, India
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The HinduThe Hindu

Tesla in India: Trump says unfair to U.S. if Elon Musk builds factory in India

Trump criticizes India's high car tariffs, calls it "impossible" for Tesla to sell cars, raising concerns over trade relations.

·India
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Live MintLive Mint

Tesla in India: Donald Trump irked by Elon Musk’s plans to build factory in India, calls it ’unfair’ to America

US President Donald Trump criticised Tesla’s potential factory in India, stating it would be unfair to the US due to high tariffs.

·New Delhi, India
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FortuneIndia broke the news in on Wednesday, February 19, 2025.
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