Electric car company Tesla could make its debut in India by end of next year and will do full expansion by 2020, says company CEO Elon Musk, in a series of tweets explaining the company's expansion plans to market beyond North America, Europe and China.
Tesla now plans to expand to all population regions by end of 2019, said that Tesla CEO in in response to a query about the company’s service capabilities outside North America.
Elon confirmed that Tesla will have a "partial presence" in India and other countries by the end of 2019 with further expansion in 2020. His tweed said, "hopefully, partial presence in India, Africa & South America end of next year, with broader expansion in 2020."
Notably, this is not the first time Elon Musk has hinted at India entry. Earlier in May 2018 Musk had said that “Would love to be in India. Some challenging government regulations, unfortunately. Deepak Ahuja, our CFO, is from India. Tesla will be there as soon as he believes we should.”
In 2016, it was speculated that Tesla would launch its cars in India including setting up a manufacturing plant in the country. Even the government of India did a lot to persuade Elon Musk but he remain unmoved with India's offers. In May 2017, Elon then finally revealed and announced (via Twitter) as why Tesla is not launching in India.
Currently, Tesla is on track to manufacture its Model 3 in China and achieving over 7,000 units production capacity. The electric car maker currently has a Gigafactory facility in China, that makes Tesla cars and caters to most of the demand from the Asia-Pacific region. Recently, the company also confirmed that it was able to manufacture as many as 5,000 Model 3 cars in a day at its Nevada Gigafactory, allowing it to deliver pre-ordered units to customers.
In 2016, India's transport minister Nitin Gadkari visited Tesla manufacturing facility in the US and he also invited Musk to open a production facility in India through a proposed joint ventures between the electric carmaker and Indian automobile companies to manufacture pollution-free vehicles, and to make India a manufacturing destination for exports to south and south-east Asian countries. At that time, India offered Tesla a land near a major port to facilitate exports, and more other such incentives. Tesla however remain unmoved with this offer from India.
In an interesting event in December last year, Tesla's model X was brought all the way from US to India at Mumbai port where its anonymous buyer flaunted the purchase with a banner announcing Tesla's arrival at the port in Mumbai itself. On the banner its written - "1st Tesla Vehicle in India".
Tesla now plans to expand to all population regions by end of 2019, said that Tesla CEO in in response to a query about the company’s service capabilities outside North America.
Elon confirmed that Tesla will have a "partial presence" in India and other countries by the end of 2019 with further expansion in 2020. His tweed said, "hopefully, partial presence in India, Africa & South America end of next year, with broader expansion in 2020."
Hopefully, partial presence in India, Africa & South America end of next year, with broader expansion in 2020
— Elon Musk (@elonmusk) November 2, 2018
Notably, this is not the first time Elon Musk has hinted at India entry. Earlier in May 2018 Musk had said that “Would love to be in India. Some challenging government regulations, unfortunately. Deepak Ahuja, our CFO, is from India. Tesla will be there as soon as he believes we should.”
In 2016, it was speculated that Tesla would launch its cars in India including setting up a manufacturing plant in the country. Even the government of India did a lot to persuade Elon Musk but he remain unmoved with India's offers. In May 2017, Elon then finally revealed and announced (via Twitter) as why Tesla is not launching in India.
Currently, Tesla is on track to manufacture its Model 3 in China and achieving over 7,000 units production capacity. The electric car maker currently has a Gigafactory facility in China, that makes Tesla cars and caters to most of the demand from the Asia-Pacific region. Recently, the company also confirmed that it was able to manufacture as many as 5,000 Model 3 cars in a day at its Nevada Gigafactory, allowing it to deliver pre-ordered units to customers.
In 2016, India's transport minister Nitin Gadkari visited Tesla manufacturing facility in the US and he also invited Musk to open a production facility in India through a proposed joint ventures between the electric carmaker and Indian automobile companies to manufacture pollution-free vehicles, and to make India a manufacturing destination for exports to south and south-east Asian countries. At that time, India offered Tesla a land near a major port to facilitate exports, and more other such incentives. Tesla however remain unmoved with this offer from India.
In an interesting event in December last year, Tesla's model X was brought all the way from US to India at Mumbai port where its anonymous buyer flaunted the purchase with a banner announcing Tesla's arrival at the port in Mumbai itself. On the banner its written - "1st Tesla Vehicle in India".
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