Tesla to start operations in India next year - report - News Summed Up

Tesla to start operations in India next year - report


Tesla Inc will come to India early next year, country's transport minister Nitin Gadkari told national daily the Indian Express on Monday. The electric-car maker will start with sales and then might look at assembly and manufacturing based on the response, the minister told the newspaper. The first model to be launched will be Model 3, the cheapest among Tesla vehicles, with prices starting at over $74,739 (5.5million Indian rupees), according to a report in the EconomicTimes on Saturday. Also Read | Musk says Tesla to use new batteries, tech in Model Y; flags production riskThe bookings will start in January, the report said. In October, the government of Maharashtra had invited Tesla to the state, weeks after Chief Executive Officer Elon Musk suggested entering the country next year.


Source: The Hindu December 29, 2020 06:53 UTC



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