
September 3, 2025
Big GST Shock! Luxury EV Tax Hike May Hit Tata Motors, M&M and Tesla Sales Hard
Watch out! The government may hike GST on luxury electric vehicles priced above Rs 20 lakh. This news sends Tata Motors and M&M shares tumbling and could cool demand for Tesla and other luxury EVs. As the GST Council meeting nears, car buyers hold their breath for final decisions.