Ever wonder why a Tesla costs twice as much in India as it does in the U.S.? A financial advisor has laid out a blunt answer: nearly half of that inflated price goes straight to taxes, not Tesla.

In a LinkedIn post, SV Varun explained why global electric vehicle makers like Tesla continue to struggle with entry into India, despite booming demand. The problem, he says, isn’t technology, infrastructure, or interest: it’s the tax structure. Advertisement

Using the Tesla Model Y as an example, Varun breaks down how a car priced at ₹30 lakh in the U.S. ends up costing over ₹61 lakh on Indian roads.

Here’s where the money goes:

Import duty (70%): Adds ~₹19 lakh

GST (28%) + cess: Adds another ₹10 lakh

Road tax & insurance: Push the total cost even higher

“Tesla gets ₹30 lakh, but the Ind

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