Billionaire Elon Musk’s electric vehicle company Tesla is all set to enter India’s automotive market by June 2021. The American electric vehicle (EV) maker is all set to start accepting bookings for its maiden launch with the Model 3, confirms Union minister Nitin Gadkari.
Tesla will now resume its bookings in India from January 2021 and the Model 3 will come into India as Completely Built-Up (CBU) and is set to be priced around Rs 55-60 lakhs. It will be positioned as a luxury car and is unlikely to face competition in India.
Tesla’s Model 3 is not only the most affordable version to date when rolled out in 2017, but it has also emerged as the world’s best-selling electric car. The entry level is available in the following variants – Standard Range (RWD), Standard Range Plus (RWD), Long Range (AWD) and Long Range Performance (AWD). Its battery size ranges from 50 kWh to 75 kWh, and driving range from 381 km to 580 km.
In October, Tesla CEO Elon Musk had suggested that the company will come to India in 2021 while responding to a tweet from India. “Next year for sure,” Musk had replied when a handle called Tesla Club India checked with him about the company’s progress in India.
Next year for sure
— Elon Musk (@elonmusk) October 2, 2020
Tesla cars have their fan following in India and the reactions on social media to the news are a testimony.
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