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Elon Musk tweets - Tesla coming to India in 2019

November 04, 2018, 11:06 AM IST by Omkar Thakur
Elon Musk tweets - Tesla coming to India in 2019

One of the world’s largest electric car maker and the flag-bearer of electric car technology across the world, Tesla Motors, will arrive in India next year in 2019. Replying to Twitter questions, Elon Musk, CEO Tesla, announced the expansion plans across the globe after the historic quarterly profit posted in the previous quarter.

To quote Elon Musk, Tesla will hopefully gain partial presence in India, Africa & South America end of next year, with broader expansion in 2020. And this is in addition to their expansion plans to Europe, China and Japan by the end of next year. the Indian government's easing of import norms earlier this year will certainly aid Tesla's plans along with the sops it might qualify for under the FAME policy.

Tesla is also the largest car-battery manufacturer in the world with Panasonic, claiming almost 60 per cent of the global production. While Tesla will set up car manufacturing facilities in China and Europe, the American company aims to set up battery manufacturing units in every continent to keep the costs in check.

As of now, Tesla has the Roadster, the Model S, the Model X and the Model 3 in their line-up with the Model 3 being the most affordable and hence the highest selling of the lot. A Model Y is also in the making along with the all-new Roadster which is expected to hit the markets by 2020.

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