Tesla not coming to Indian market anytime soon

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It was in February 2017, that a tweet from Elon Musk made us hopeful about Tesla coming to India. In fact, he went ahead to express that Tesla would “hopefully’ make its way to the Indian markets by the end of this year and you bet when we smiled a little, realizing what was in store. Musk had likewise declared in a tweet a year ago that the organization will enter the Indian market before production begins for its latest vehicle however clearly the production of the Model 3 has already begun in America and so there’s an obvious delay.

But the latest tweet from Musk truly is a dampner. When gotten some information about Tesla’s India plans, Musk answered to the tweet expressing “Possibly I’m misinformed, however I was informed that 30% of parts must be locally sourced and the supply doesn’t yet exist in India to support that” Now, this answer makes us rethink, whether we’ll see the brand in India in the next two years or not. We’d hoped for a 2018 Delhi Auto Expo debut and the cars to roll out later, however clearly that does not appear to be feasible.

Musk had before said that Tesla wanted to set up a pan-India supercharger network and this indicated how serious the organization is about foraying into the Indian market. Musk’s interest of entering India is an obvious one. The automotive industry in India is developing and presently worth $74 billion. In fact it’s poised to become the third-largest automotive market on the planet and that is absolutely a huge-ish bait for Tesla. Unfortunately, electric auto deals haven’t really taken off in India, as we still haven’t embraced the concept. This is one reason why we just have two electric autos in India-the Mahindra e2O and the Mahindra Verito.

The auto that was expected to kick begin Tesla’s innings in India is the organization’s most affordable car – the Model 3. It costs $35,000 which is ₹ 23 lakh roughly but considering that it will take the CBU route into India, we expect that it will draw in some heavy import duties thus it won’t not be that affordable once it’s launched. We hold up to hear some more good news on this front, but for the time being, Tesla’s entry into the Indian market has surely taken a back seat.

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