American Electric Automobile manufacturer Tesla is planning to enter the Indian automobile market by opening up pre-bookings as early as January 2021.
Union Minister for Road Transport & Highways and the Minister of Micro, Small and Medium Enterprises Nitin Gadkari confirmed that Tesla would start operating in the Indian market by summer of 2021.
This revelation was being speculated for a long time but a solid date for the introduction of the world’s leading all-electric cars was never released. However, according to the Economic Times, Tesla management has worked behind the scenes to launch its two models, the Model 3 and Model Y for the Indian buyers.
Tesla Model 3, the best-selling electric car in the world is expected to be available for pre-bookings in January 2021 while the Model Y will be available after some time. The American automobile giant is planning to deliver its cars by the end of the first quarter of 2021.
"According to sources privy to the matter, the world's most valued automobile corporation by market cap has sealed plans to resume bookings next month and start delivery by the end of the first quarter of 2021-22," said the report.
The price of Model 3 is expected to be around 55-60 lakh, according to the report by ET.
Plans of launching Tesla cars for Indian markets have surfaced before as well when, in 2016, Elon Musk announced Tesla’s debut in India via Twitter. Some prominent figures like Paytm founder Vijay Sekar Sharma were amongst the first ones to pre-book the car. However, no confirmation followed up on Musk’s claim and the idea of India debut turned into speculation.
The Tesla Model 3 will come to India as a completely built unit and it's likely that the company will not sell its cars via dealerships. The car has a range of up to 500 kilometres and a top speed of 162 kmph. It can even do 0-100 kmph in 3.1 seconds. As of now, there is no official confirmation from the company on this.
Today, Tesla is the world's most valuable automotive company in the world with its sale being fueled majorly by the Tesla Model 3 and Tesla Model Y.
