Tesla CEO Elon Musk Hints at the Possibility of a Presence in India by 2019
【Summary】The CEO of Tesla, Elon Musk recently tweeted that India is among a list of regions where the company plans to expand its operations.
Recently some reports were discovered in China which indicate that electric car manufacturer Tesla will be expanding its operations in Asia. The electric car company is planning on establishing its first overseas Gigafactory in eastern China. Tesla CEO, Elon Musk recently tweeted that India is also among a list of regions where the company plans on expanding its operations over the course of the next couple of years.
In response to a query about easier access to service locations for Tesla owners, Musk tweeted that the company is also planning on expanding its service network in existing markets.
The Tesla Model 3
The Tesla CEO went on to list the countries where Tesla is planning to expand its operations. These include North America, Japan, Eastern Europe, and China. Following this, Musk also mentioned that Tesla will seek to establish a presence in India, South America and Africa. The company plans on beginning this expansion by next year, which will be followed by a broader expansion plan in 2020.
The Model 3 has become one of the most popular offering from the EV manufacturer. An earlier tweet by Musk mentioned that company's presence in India depends on Tesla's ability to source parts and components locally. If the company manages to succeed in the localization of parts, it can bring the mass-market Model 3 to new markets with a competitive price tag.
Musk broadcasted another tweet weighing in on this plan of having an international presence across several continents based on the existing local production model. The CEO commented that Tesla wants to reduce the cost of production so that they are able to offer electric cars with the cheapest price tag possible.
Last month, Musk tweeted that Tesla Model 3 is the safest mid-size car available in North America. This claim attracted substantial speculation, but the Tesla CEO has gone on to make another bold claim. Musk claims that Tesla's partnership with Panasonic is responsible for 60 percent of world's electric vehicle battery production.
Currently, Tesla manufacturers 3 models, the Model X, Model S and the latest midsize mass-market offering, the Model 3. Tesla also confirmed that a crossover vehicle will join the company's lineup, which will be based on the current Model 3 platform.
Manish Kharinta is a automotive writer based in the Los Angeles area. He has worked for automotive industry websites TheSmokingClutch.com, CarDekho.com and CarBikeindia.com. His experience ranges from covering auto shows, to car reviews and breaking automotive news. Manish aims to bring forth his unique perspective on automotive design and technological innovations in the automotive industry.
Ford's Lincoln Star Concept Offers a Glimpse into the Electric Future of the Luxury Brand
GM's New 'Plug And Charge' Feature Will Simplify the Charging Process For its Current & Future EVs
Volvo is Building a New EV Service and Training Facility at its U.S. Headquarters in New Jersey To Fast Track its Electrification Plans
Honda's New EV Friendly Retail Plans Hint at the End of Mega Dealerships
Volvo Cars and Epic Games to Partner on a High-Resolution 3D Digital Driver’s Display Powered by the Unreal Engine
Here's One Way Lucid Motors Made the Air Sedan More Spacious for Passengers
The 2023 Polestar 2: Delivery Updates, New Pricing, Color Options and New Tech
The Genesis X Speedium Coupe EV Concept Debuts in New York City
- Vietnam-based Electric Vehicle Startup VinFast Ships its First Vehicles to the U.S.
- J.D. Power Study Finds That EVs Are More Problematic Than ICE Cars
- GM Offering to Buy Out Buick Dealers That Don’t Want to Sell EVs
- China’s New Intelligent EV company JIDU Launches its Limited-Edition Robocar Called the ‘ROBO-01 Lunar Edition’
- Here's One Way Lucid Motors Made the Air Sedan More Spacious for Passengers
- Uber and its Technology Partner Aurora to Expand Autonomous Trucking Pilot in Texas
- China’s CATL to Supply Honda with 123 GWh of Electric Vehicle Batteries by 2030
- The Polestar 5 Sedan Will Have Dual Electric Motors With 884 HP
- 2023 Jeep Grand Cherokee Trailhawk Now PHEV Only
- Rivian, Mercedes-Benz Partner to Produce Electric Commercial Vans