`55.00 lakh Onwards
Exp. Launch: March 2018
The Model 3 is the most inexpensive Tesla car till date and it comes with autonomous driving hardware for a lot less money
Tesla has revealed its earnings for the fourth quarter of 2016-2017 financial year, with a nugget of information many of us were waiting for. According to the details, the Model 3 will be produced in limited numbers starting July 2017. Tesla will then ramp up the production in the fourth quarter to exceed 5,000 units per week (over 2,50,000 units per year). That is not all! Tesla expects, onwards from sometime in 2018, to produce 10,000 vehicles per week (over 5,00,000 vehicles per year).
Why is the Model 3 so important for Tesla? The Model 3 will help the electric carmaker reach a broader user base. Currently, while it makes the Model S and Model X, their high price of admission keeps a lot of users from coming to Tesla's fray. The Model X starts from $71,300 (Rs 50 lakh approximately) while the Model X starts from $88,800 (Rs 62 lakh approximately). The Model 3 has been priced at $35,000 (Rs 24.5 lakh approximately). The fact that people in India could book the Model 3 by paying $1,000 (Rs 70,000 approximately) meant that this car is headed to India. With Elon Musk hinting at a Tesla launch in India this summer, the idea of the Model 3 coming to India seems more plausible...Read More
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