According to the Economic Times report, Tesla has achieved the desired global sales figures for the Model S and Model X, and is seeking to increase the same for the Model 3. With its upcoming India launch, this surely seems possible.
The report also suggests that Tesla is planning to open a plant here, which isn’t too surprising, as the company was already looking to invest in India.
Elon Musk had first declared his intentions about entering the Indian market in 2016, and the company has also begun pre-bookings for a brief time back then.
A few people, like Paytm founder Vijay Sekhar Sharma, Voonik CEO Sujayath Ali, Pinstorm CEO Mahesh Murthy, had booked it back in the day.
Tesla had discussed the possibility of investing in a manufacturing facility/RnD centre, with the state governments of Maharashtra and Kerala.
It wouldn’t too farfetched to assume that the company might go ahead and do so in a year or two.
Local production of Tesla vehicles will not only make them much more accessible to Indian buyers but will also help with the Government of India’s vision to electrify the automobile industry of India.
As for the Tesla Model 3, it is the entry-level model in the American carmaker’s range.
The vehicle is currently available in the following variants – Standard Range (RWD), Standard Range Plus (RWD), Long Range (AWD), and Long Range Performance (AWD). Battery size ranges from 50 kWh to 75 kWh and driving range from 381 km to 580 km (as tested by WLTP).
In October, Tesla CEO, Elon Musk had made a claim of introducing the electric vehicle brand in India in 2021.
Elon Musk, in response to a tweet promised to introduce the brand in India by 2021. The new report confirms the same.