New Delhi, Feb. 22 -- Elon Musk's Tesla is gearing up for its entry in India, but buying a car from the EV maker may not be as easy as you thought even with reduced tariffs.

According to a report by ANI quoting global capital market company CLSA, even the cheapest Tesla models will be far more expensive than its domestic peers.

Even after the reduction in the import duty to below 20 per cent, the cheapest Tesla car cost in India will be around Rs.35 to 40 lakh, as per CLSA.

Tesla car price in the US starts from $35,000 (approx. Rs.30.4 lakh) at the factory level. Tesla Model 3 is the most inexpensive car of the company in the US.

"The cheapest Model 3 for Tesla in the US is c.USD35k. With tariff lowered to c.15- 20 per cent in India, ...