First Tesla Model S electric car rolls off the production line.
Tesla is expected to go to the market soon in India after its boss Elon Musk’s revealed new updates about the future of the model.
Elon Musk, chief executive officer of Tesla, during an interaction with journalists here, said the company has been working to bring its EVs to the Indian market.
Musk said Tesla Model S is the first electric vehicle in the world to enter mass production and to receive five stars overall by the US government agency, National Highway Traffic Safety Administration.
He said the company is working to bring more models to India.
“We are looking to go to India, it is a great opportunity,” Musk said.
The Model S, the first electric car from the company is expected to be launched here later this year.
Tesla has already established its infrastructure in the country.
Responding to a query about Tesla’s plans to bring in its next-generation car – the Model 3 – to India soon, Musk said: “I think we are going to try and bring that model too. It’s all about where you have the right demand”
He also said that Tesla would not push for a price-war in the market but would rather want to create a charging infrastructure for the EV-s at competitive price.
“We want to price our charging at a competitive price, maybe even below gasoline price,” Musk said.
Earlier, Tesla had said that it plans to set up an electric charging station for its vehicles in India soon.
Elon Musk, who was here to take part in the Indian tech summit, said that Tesla has made considerable progress on its Model 3.
He also said the company plans to create “the largest supercharger network” in India.
“This week alone we completed the largest battery storage project in the world,” Musk added.
Tesla’s plan to enter the Indian market had taken a hit after the Indian government announced that it would levy heavy customs duty on all luxury imported vehicles.
The government’s plan to impose such a duty has not gone down well with the automobile manufacturers.
It was after this announcement that many companies like Mercedes-Benz and Audi announced that they will be holding back on introducing new models in India.
Many carmakers have also set up a committee to deliberate upon the matter.
Elon Musk, who was at the summit along with auto bigwigs like Maruti Suzuki chairman RC Bhargava, Ashwani Gupta, MD & CEO at Kapsch TrafficCom and senior executives from Mahindra, BMW, KIA and Ola were in conversation on issues related to sustainable mobility, electric mobility and infrastructure.
Elon Musk is known to be an innovative leader who has always expressed his concern about the environment through his inventions and innovations.
India is expected to open up a whole new market for the cars to be produced with clean technology.
Elon Musk said he really likes India and hoped that it will open up the whole new market.
Referring to India’s progressive move towards electric vehicles, Musk said, “It is incredible to see how the Indian government is totally focused on electric vehicles.