Tesla’s Plans for a Gigafactory and Affordable Electric Cars in India

2023-07-14 20:15:11

Tesla plans to build a factory in India, a project that seemed to be in trouble. If that happens, the firm of Elon Musk might manufacture an affordable electric car there.

Tesla’s desire to settle in India dates back several years. This project never led to the creation of a factory, but this might change in the near future.

According to the Times of India, Tesla is currently in talks with the Indian government to set up a Gigafactory in the country. This factory would produce up to 500,000 cars per year.

But above all, the main project of this factory would also be to manufacture an entry-level Tesla. We obviously think of the famous Model 2, announced by Elon Musk almost 3 years ago during a conference.

According to the billionaire, this one was supposed to cost $25,000, and that would still be the brand’s goal. Indeed, according to the Times of India, it is at this price that a smaller model produced in India would come out.

Tesla is confident that this factory can become a car export location for this part of the globe. And above all, it would allow the brand to sell its cars in the country, which has always been refused by the government, since Tesla was not established there.

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