Wednesday, October 8, 2025

Latest

Tesla Plans to Sell Model 3 in India Beginning in 2021

Despite Tesla’s growing rift with the Chinese government, coupled with rising concerns regarding its gigafactory construction in Germany, it appears that Elon Musk has decided to take his concoction of suspension problems and flying roofs to India.

According to Reuters, Tesla has revealed it plans to make an entrance into India’s EV market, and launch its Model 3 cars for a price of US$74,750 as early as 2021. Although Tesla currently does not have any facilities in the country, the automaker is planning to begin taking sales bookings come January. Indeed, there is certainly room for a robust response from consumers, many of whom have already been diving into the absurd world of Elon Musk by loading up on Tesla shares and placing bets on US stocks.

Depending on the outcome of sales levels, Tesla says it would construct a manufacturing and assembly plant in the country. However, India is also a country that has not been very adamant on a swift EV adoption compared to its sizeable counterparts. The country’s deficient infrastructure in comparison to adjacent China has kept new EV investments at a minimum. However, the country is making headway in implementing electric public transportation, which according to the International Energy Agency, has been significantly increasing over the past five years.


Information for this briefing was found via Reuters and the IEA. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

India’s Pre-Diwali Gold Rush Drives Global Metal Prices to Record Highs

As millions of Indians welcome the festival of lights, an unprecedented surge in precious metals...

Wednesday, October 30, 2024, 12:51:30 PM

Tesla Math: How The EV Maker Presented Q4 2022 Financials Better Than They Actually Are

Amid all the controversies its chief executive is embroiled in, Tesla (Nasdaq: TSLA) mustered to...

Thursday, January 26, 2023, 11:18:00 AM

Fairytales: In 2020 The Stock Market’s Divorce From Reality Became Formal

Feature image adapted from art by Flickr user bedgemont_dm. “2020” because it was the year...

Sunday, January 3, 2021, 09:00:00 AM

Tesla: Mixed Results From Analysts Following Q1 Results

Tesla Inc. (NASDAQ: TSLA) was down roughly 3.8% in early Tuesday morning trading after it...

Tuesday, April 27, 2021, 04:04:00 PM

Tesla Suffers 64% Drop of Model 3 Sales in China Despite Demand Increase for Electric Vehicles

As the deadly coronavirus rapidly spread through China, eventually leading to a pandemic on a...

Monday, May 18, 2020, 11:17:00 AM