After hearing the words like SpaceX, Paypal, and a bundle of such words, one name pops up in the mind of everyone i.e Elon Musk. Yes, you heard it right. Here we are talking about Elon Musk who co-founded Tesla, SpaceX, The Boring Company, and Neutralink.
Being the co-founder and CEO of Tesla, design, global manufacturing, battery products of the distinct electric vehicle is led by Elon himself.
The main motto of Tesla – “To accelerate the World’s transition to sustainable energy”. It has been since the development of the company in 2003.
IS ELON MUSK THINKING TO BRING TESLA IN INDIA?
Elon Musk retorted to a tweet “launch should hopefully happen soon”. It was a reply to a follower who four years back booked Tesla Model 3.
Elon Musk is bannering almost every day for a couple of reasons. He became the seventh wealthiest person globally, Tesla is gradually becoming the most valuable automobile company, SpaceX’s successful blastoff. Despite all these, a tweet caught him and Tesla is, therefore, trending in India.
Although prior to this, Musk has given a hint couple of times before as well about Tesla will come to India “soon”. Surprisingly, it had been said again in a tweet made from India.
China is the only Asian market where Tesla retails its electric cars. However, it is looking forward to setting up its giant factory outside China. According to some sources, the Tamil Nadu government has written to a couple of automobile companies. In addition, Tesla was also included to set up a factory in the state.
For a developing electric car market like India, Tesla aims to introduce its lineup with maximum localization which will take longer. For the car like Model 3 will only thrive the market if launched at a competitive price. Such manufacturers would need incentives from the government bodies. Such that new technologies are made available for the mass market as well as affordable.
Always remember – “When Henry Ford made cheap, reliable cars, people said, ‘Nah, what’s wrong with a horse?’ That was a huge bet made, and it worked.”
FUTURE OF TESLA IN INDIA
Although there is enough time before Tesla will come to India. At the same time Tata motors, Mahindra will take over the segment and will eventually end the market of electric cars. No doubt, it will be a fantastic car with all its supreme features, software, design but it will not be very cheap. For instance, Jeep company entered India with its cheap model (like compass/ Limited and etc) which sold very well but sooner or later the company is not that interesting.
All in all, it will be seen as a supreme car but will be facing the same situations as Apple in India – low market shares, where honor and MI have replicated its models and sell at cheap prices in India. Correspondingly, why people will go for it if they will be getting the same features at a cheap price.
Author: Pranshu Agarwal
Check our other article at–https://akashbaani.com/how-6-books-on-psychology-isnt-as-bad-as-you-think/