Thursday, July 29, 2021

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Tesla entring into India next year 2021

On Twitter, its CEO Elon Musk said “next year for sure,” in reply to a question by a Tesla fan club asking when will Tesla’s India entry would materialise. Tesla Club India, a Twitter handle that claims it wants to push for greater EV and solar awareness in India, had asked Musk whether there is any progress on this.


Tesla has perhaps been one of the most eagerly awaited car makers in India with past years seeing several instances of hints of the American company planning to enter the market without much actually happening. Speculations have been aplenty but Tesla CEO Elon Musk, in a reply to a tweet, said the EV maker will enter India in 2021 ‘for sure.’ Even as there was a collective euphoria among EV supporters and fans of Tesla, there is reason to calm the celebrations. At least for now.

Karnataka has offered Bengaluru as the destination for Tesla’s Indian Gigafactory, and the company has already held preliminary discussions for a research and innovation unit in the city.

BEIJING (Reuters) – U.S. electric car maker Tesla cut the starting price of its Chinese-made Model 3 sedans on Thursday by about 8% to 249,900 yuan ($36,805), once Chinese subsidies for electric vehicles are taken into account, according to its China website.

The price for Model 3 vehicles with a longer range is now 309,900 yuan, down from 344,050 yuan.

Tesla started to deliver cars from the Shanghai factory in December, helping it save on shipping costs and tariffs for imported models.

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