After years of standing by, Elon Musk’s Tesla has finally entered the Indian market
The news of Tesla coming to India has been making rounds for the past few seasons. In 2021, the Elon Musk owned enterprise has finally entered the Indian shore and has registered itself as Tesla India Motors and Energy Pvt. Ltd in the metropolis of Bengaluru’s Lavelle road. After the reports went viral, Musk addressed his 41.2 million fans on Twitter by tweeting, “As promised”. The much-awaited joyous news was also shared by the Chief Minister of Karnataka, B.S Yediyurappa, who greeted the company through a tweet that read, “Karnataka will lead India’s journey towards Green Mobility. Electric Vehicle Manufacturer Tesla will soon start its operations in India with an R&D unit in Bengaluru. I welcome @elonmusk to India & Karnataka and wish him all the very best.”
Who is heading the company in India?
To lead the electric car manufacturing corporation in India, Tesla and Elon Musk has appointed two senior executives of the company along with a serial entrepreneur who shares a connection with Tesla. The name of the first director is Vaibhav Taneja, who is the Chief Accountant Officer of Tesla and joined the company in 2017 after spending a year with Tesla’s subsidiary firm, SolarCity.
The second director chosen by Tesla is Davin Jon Feinstein, who is the Global Senior Director. The third and last director Tesla has elected is Venkatrangam Sreeram, an ex-Tesla employee who is the Co-founder of ClearHat, Managing Director of Xenon Automotive and the Co-founder of another start-up known as Cartisan. Earlier for Tesla, Sreeram used to serve as the Project Manager in its China plant and was responsibly pushing the retail operations there. In India, Sreeram has worked with Tata Motors.
Which models are Tesla planning to introduce in India?
Given the ethos of the Indian market that hates to shell out enormous amounts, the first model that Tesla will bring is its Model 3, which is the cheapest and the most accessible car from the US-based electric car maker. Since Tesla is yet to set-up a manufacturing plant in India, all the automobiles will enter the country via the CBU route. As far as costing is concerned, the Model 3 will bear a price-tag of around INR 60 to INR 70 lakh.
Apart from Model 3, Tesla may introduce two alternative designs such as the Tesla Model S and the Tesla Model X.
