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Musk's India visit revived after talk with PM Modi

Financial Express Lucknow

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April 20, 2025

TESLA HAS BEEN losing market share to rivals, due in part to aggressive pricing by the likes of Chinese EV powerhouse BYD and Musk's closeness to US President Donald Trump, which has alienated certain customer segments and made Tesla a more polarising brand.

The US firm has also taken a hit from an escalating tariff war, which has prompted it to stop taking orders in China for Model S sedans and Model X sport utility vehicles—both of which are imported from the US.

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