The figure is staggering and could represent both an evolution for Tesla and for electric cars. Tesla CEO Elon Musk gave an update on reservations on Twitter late Saturday evening, after updating the figure several times since Thursday evening’s unveiling of the prototype Model 3, due out in late 2017.
Tarun Mehta, co-founder of Ather Energy, which is planning to launch a range of lithium-ion battery-driven electric scooters early next year, believes Tesla has got the price right. A final road price of Rs 37 lakh could draw as many as 10,000 buyers in India, he said. “It’s a phenomenal car with a great range and features. People do know that electric is the future and will like to be associated with this,” he said.
Tesla plans to have a presence in India before Model 3 production starts, and its high-speed charging system and service will cover all of Italy later this year, Musk says.
In October 2015, Elon Musk hinted plans for a future Model Y, which had been trademarked since 2013. It’s to be a cross between the Model 3 and the Model X, making it an affordable crossover SUV with falcon-wing doors. Future Tesla models are being aimed to reach a range of 500 miles through the use of a new patented battery system that combines metal-air and lithium-ion batteries for even larger capacities.