Why is Tesla pursuing the Indian market?

Tesla is pursuing the Indian market as a potential new growth avenue amid its first annual drop in EV sales in over a decade. The company's expansion into India comes at a strategic time when Tesla needs to diversify its market presence, particularly as it faces sales challenges in its established markets. The India push is also unfolding within a broader context of geopolitical developments, suggesting Tesla is positioning itself to capitalize on shifting global trade patterns and emerging markets. Despite India's relatively small current EV market compared to China, Tesla appears to view it as an important opportunity for future growth.