Tesla CEO Elon Musk today took the wraps off the Model 3. It’s been a long awaited car, and according to Musk will bring electric cars to the masses. The car is set to launch towards the end of 2017, with prices starting from $35,000 (Rs 23,23,400 approximately). Pre-orders for the car have kicked off in select countries, and Musk today announced that India is among those select countries. Also Read - Tech giants Tesla and Apple target 2022 to build India's manufacturing storyAlso Read - Tesla Bot is Elon Musk's idea of a friendly humanoid robot that you can overpower, or run away from
Musk announced on Twitter that Tesla is adding India, Brazil, South Africa, South Korea, New Zealand and Singapore among others to countries, which can pre-order the Model 3. For India, the pre-order amount is close to $1,000 (Rs 66,300 approximately). Pre-orders kicked off late last night, and according to reports, Tesla has already taken orders for more than 115,000 Model 3. Also Read - Elon Musk now wants to travel to space but not on SpaceX rocket
Adding several more countries to Model 3 order page tonight. Check for details, but will include India, Brazil, SA, SK, NZ, Sing & Ireland.
Elon Musk (@elonmusk) March 31, 2016
Tesla’s Model 3 is the most affordable electric car in the company’s lineup, which also includes the Model S and the Model X (priced upwards of $100,000). In fact, Musk thanked Model S and Model X buyers for funding the development of the affordable Model 3.
Tesla boldly claims that the Model 3 has a range of up to 215 miles or 346 kilometers. Multiple variants are set to be launched, with the base model capable of doing 0-60Mph in just under six seconds. It also boasts storage space at the rear as well as the front, and the company claims there is enough space to fit a surfboard inside.
While Tesla has started taking pre-orders, the Model 3 is set to go into production only in the later half of 2017. It is also not clear when Tesla will ship the first batch of cars to India. One thing is clear though, the who’s who of India finally have a new car to boast.
Tesla’s entry in the Indian market comes at a time when the Indian government is extensively focusing on the electric vehicles. Union Finance Minister Arun Jaitley had recently announced a slew of measures to promote these vehicles. The measures including relaxation in taxes as well as exemption from the infrastructure cess that is levied on cars running on LNG, CNG, petrol and diesel. The Indian government also aims to make India a 100 percent electric vehicle nation by 2030.
It may be recalled that Prime Minister Narendra Modi had met Tesla’s Elon Musk in September last year. The meeting had then triggered speculations that Tesla might consider entering the Indian market.