“Trump warns Elon Musk building a Tesla factory in India would be ‘very unfair’ to his administration supportive when asked about a potential Tesla manufacturing plant in India. The U.S. President does not supportTesla building cars in India, the world's third-largest car market. Foreign brands, however, only compete for about a third of overall demand—and total EV sales are vestigial, growing to just 100,000 vehicles last year. President Donald Trump warned Elon Musk he would not take kindly to seeing one of his administration’s chief advisors build a manufacturing plant in India. The Tesla CEO met Indian Prime Minister Narendra Modi last week amid speculation the country could lower tariffs on imported cars, potentially paving the way for Tesla to launch in India. Local media reports suggested Tesla could enter the market in April, selling vehicles shipped from its factory in Germany. Musk, thus far, has avoided India. At just 100,000 EVs sold last year, demand for high-tech cars like a Tesla isn’t remotely large enough to support local manufacturing and punitive duties that can double the cost of a premium-priced car. “If he built the factory in India…that’s unfair to us,” said Trump, who only last week claimed he had Musk under tight control. “It’s very unfair.” Tesla did not respond to a Fortune request for comment. On paper, the Indian passenger-car market remains highly attractive thanks to its young, growing population. With 4 millionpassenger cars sold last year, only China and the United States are larger. Trump can rest easy for now. While a market entry is only a matter of time, it’s likely Tesla will first dip its toes in to test the waters. Reuters reported sales showrooms are for now only being set up in Delhi and Mumbai, the country's respective political and financial capitals. Tesla growth grinds to a halt A full-scale Tesla factory is unlikely. That's been the case for the nearly two years since Musk spoke of the need to expand Tesla's production network….” https://www.yahoo.com/news/trump-warns-elon-musk-building-180834214.html