American car manufacturer Tesla recently unveiled their most anticipated mass market sedan, the Model 3. The five-seater electric sedan is the cheapest one yet by Tesla Motors. The Model 3 boasts a 346km range in one charge and Elon Musk has said that there will be an India-wide Supercharger network. He also added that the company would start productions in 2017 and deliveries would begin by the end of 2017. But is the Tesla Model 3 really worth it?
The price of the base model of the Model 3 will start at $35,000, a little over Rs.23 lakh (without taxes). However, the final price in the Indian markets will depend on how Tesla Motors presents the car in India. To pre-order one’s own Tesla Model 3, one simply has to shell out $1000. The booking can be cancelled at any time and the entire amount will be refunded. The major factor affecting the pricing of the Model 3 in India is whether the car is indigenously assembled and sold, or sold as a completely built unit. After import duties and tariffs, the Tesla Model 3 would finally cost around Rs.37 lakh in the Indian markets.
Benefits of buying the Tesla Model 3 in India seem to make it a viable competitor in the future in the auto sector. At this time, there is an increased demand for electric vehicles and there aren’t very many electric cars in the Indian market. The Delhi nd Karnataka governments have eliminated local taxes on electric vehicles. The Central Government is also planning to offer subsidies on electric vehicles, making it an attractive option. The car provides storage room in the rear as well as the front. All Model 3s will include the “autopilot” safety features and collision avoidance systems. The Model 3 will be competing in the entry-level luxury car segment and will take on cars like the Audi A4, the BMW 3 Series and the Mercedez-Benz C-Class. The car supports “supercharging” and the base model goes from 0 to 100kmph in under six seconds. The car also offers significantly greater legroom and an overall feeling of roominess as compared to other cars due to its interior designing.
To sum it up, with best in class space and an affordable price tag, the Tesla Model 3 could be a game changer for the Indian markets.