CEO Elon Musk: Tesla Might Enter The Indian Market Next Year

Harin - Jul 29, 2019


CEO Elon Musk: Tesla Might Enter The Indian Market Next Year

According to Elon Musk-Tesla CEO, the company is anticipating to make its entry in the Indian market with a Tesla electric vehicle by as soon as 2020.

According to Elon Musk-Tesla CEO, the company is anticipating to make its entry in the Indian market with a Tesla electric vehicle by as soon as 2020. Musk has said this recently, during a conversation with IIT Madras students at the “SpaceX Hyperloop Pod Competition 2019” finals. When the students asked him about the exact timeline of the launch of Tesla electric cars on the India market, he responded saying “it is probably going to happen in a year's time.

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Elon Musk at the “SpaceX Hyperloop Pod Competition 2019” finals.

The IIT-Madras team called Avishka Hyperloop was the only Asian team that made it to the competition’s finals which took place on July 21 in Los Angeles. The leader of the team is a second-year M.Tech student from the mechanical engineering department, Suyassh Singh. A report stated that Avishkar Hyperloop has been developing on an indigenous design for India’s first self-propelled, entirely autonomous Hyperloop Pod.

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Avishka Hyperloop team.

The winner of the competition was the Technical University of Munich’s Team TUM. However, Avishkar Hyperloop became famous after their project attracted the attention of Elon Musk and Jogh Geigel, co-founder of Virgin Hyperloop One for setting the foundation for the development of India’s autonomous Hyperloop Pod.

Back in March, Musk has posted on Twitter saying that he wants Tesla to enter the Indian market soon.

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He also explained the reason for the delay in the launch.

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While it’s still too soon to say anything, Tesla might venture into the Indian market with its Model 3 car which costs $35,000 at the moment.

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