Wednesday, 21 November, 2018

Tesla to Enter India by Next Year, Says Elon Musk

Elon Musk  InstagramElon Musk with his boring machine Elon Musk InstagramElon Musk with his boring machine
Sandra Phillips | 07 November, 2018, 20:41

It's also long enough for the Tesla Roadster and its Starman passenger to have traveled from the Earth orbit it was initially placed in, to beyond the orbit of Mars. Musk has tweeted - yet again - about India.

"Of course, anything boring is bad, especially companies, so we chose to send something unusual, something that made us feel", he added. Hyundai will bring its electric SUV Kona to India next year, which will be the first true long-range electric auto in our country. Musk gave a presentation to PM Modi on the revolutionary technologies being developed by Tesla, which is likely to change the face of the motor industry and have wider implications on developing countries like India on renewable energy.

Musk included India in a list of regions that Tesla will aim to target in the next two years.

Tesla and Musk have regularly stated their intentions to enter the Indian market, but stringent government regulations have hampered its chances, just like what Apple has been facing.

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Similarly, in May, Musk had made apparent the challenges Tesla was facing when it came to executing the company's plans for India.

The Securities and Exchange Commission (SEC) investigation, which first came to light in August, is one of three that are now open against the company, the others being spearheaded by the FBI and the Department of Justice.

In the Recode interview, Musk said he was willing to make a more "conventional" truck in the future if it will sell better.

After setting a partial presence in India, Tesla plans to expand operations to India by 2020. He had said the talks with the Indian government were centred on requesting temporary relief for Tesla on import restrictions until a local factory is built. When it first began manufacturing the Model 3 in the summer of 2017, Musk tweeted that it could be making 20,000 cars a month in December. The company may produce it in a limited quantity.

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