Elon Musks Tesla Motors all set to make its India debut
Elon Musks Tesla Motors all set to make its India debut
World's most renowned electric carmakar Tesla Motors is all set to make its entry into the Indian market this summer, its chief executive Elon Musk said.
An indivudual named Ishan Goel asked Musk about Tesla's plans for an India launch. To which, Musk replied, "Hoping for summer this year."
In April 2016, Musk had said that Tesla Motors is aiming to enter this Indian market in 2017. He had said that the company is working on the exact date of its launch in India. He, however, had promised that the company would be present in India before the production of its latest Model 3 begins.
Tesla Motors, in April 2016 had unveiled the much awaited Model 3 priced at $35000 (Rs 23 lakh approx) and said that it would enter India with the car. Though the company will begin global roll-out of the vehicle in late 2017, it has started taking orders at the starting price of $35,000 (approximately Rs 23.2 lakh).
Model 3 is Tesla's most affordable car yet and achieves 215 miles of range per charge.
In September 2015, Prime Minister Narendra Modi had visited Tesla's facility in San Jose and had shown interest in Tesla's efforts in renewable energy sector. Indian government and Tesla is currently in talks to set up its battery factory in India.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.