Trump Says Its Unfair to US If Musk Builds Tesla Factory in India

US President Donald Trump recently expressed his concerns about Elon Musk's plans to build a Tesla factory in India. Trump argued that it would be "unfair" to the US due to the high tariffs India imposes on American-made vehicles.

The US President mentioned that these tariffs create significant trade barriers, making it difficult for Tesla to sell cars in India. Trump emphasized that while building a factory in India might be beneficial for Tesla, it would be detrimental to the US economy.

This statement came during an interview with Fox News, where Trump and Musk discussed the challenges and opportunities of expanding Tesla's presence in India. Musk agreed with Trump's concerns, highlighting the need for a level playing field in international trade.

During the interview with Fox News, Trump expressed concerns about the high import duties India imposes on American-made vehicles, which he believes create significant trade barriers. He emphasized that while building a factory in India might benefit Tesla, it would be detrimental to the US economy.

Elon Musk, Tesla's CEO, who recently met with Indian Prime Minister Narendra Modi in Washington, DC., agreed with Trump's concerns, highlighting the need for a level playing field in international trade.

Despite the Indian government's recent efforts to reduce import taxes for carmakers willing to invest in local production facilities, Trump remains critical of American companies building factories abroad.

During his meeting with Indian Prime Minister Narendra Modi, Elon Musk discussed several key topics, including space exploration, mobility, technology, and innovation. Musk expressed his interest in launching Starlink in India and overcoming regulatory hurdles. He also highlighted the potential entry of Tesla into the Indian market, despite the high import duties and the nascent electric vehicle sector.

Musk emphasized the importance of strengthening collaboration between Indian and US entities in innovation, space exploration, artificial intelligence, and sustainable development. He also discussed opportunities to deepen cooperation in emerging technologies, entrepreneurship, and good governance.