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Elon Musk confirms Tesla Motors to open in India this summer; revolution in automobile industry?

Elon Musk confirms Tesla Motors to open in India this summer; revolution in automobile industry?

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Tesla Motors CEO Elon Musk appears to be all set to make debut in India this summer. In 2016, Tesla had hinted that the company had been planning a launch in India soon. Last year, the company had unveiled its plans to begin shipping its electronic cars which were fully enabled for self-driving. The plan garnered a great response, and when the booking opened for Indian buyers, Tesla found many takers who were able to dish out $1,000 for the cars. Musk confirmed the plan on Twitter as a reply to a user who had asked, “@elonmusk eagerly waiting for Tesla to launch in India. Any plans to do it? If so then WHEN?” To this, the Tesla CEO had replied, “@goel_ishan Hoping for summer this year.”

Two years back, when PM Narendra Modi made a visit to the Silicon Valley, Tesla was the first factory that he went to. The PM had invited Tesla to manufacture in India, as it is a very suitable country most suited for technology. The delegation which went from India also wanted a look at the Tesla Powerwall and its capacity in solar batteries which has the potential to tap into a renewable resource which our country has no dearth of. That technology could be used to help Indian households to become self-sufficient to fulfil their energy needs.

This move by Tesla will essentially mean that the competition in the automated car section will grow and so will the technology in India. This will also mean more entry in the country by manufacturers working on self-driving cars.

Source:Financialexpress
Anand Gupta Editor - EQ Int'l Media Network

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