All You Need to Know About Tesla Cars in India


Founded in 2003 by two Americans, Martin Eberhard and Marc Tarpenning, Tesla’s objective was to develop an electric sports car. Later in 2008, Elon Musk, the Co-Founder of PayPal, became Tesla’s Chief Executive Officer (CEO) after the two founders left the company. 

The first electric vehicle (EV) manufactured by Tesla was the Roadster. Starting at USD 98,000, the EV went from 0-100 kilometers per hour (kmph) in approximately four seconds with a top speed of 200 kmph. The Roadster had a range exceeding 390 kilometers (km). The success of this EV resulted in the development of other prototypes.

Finally, Tesla cars are set to launch in India. The American manufacturer will debut in the country with its entry-level Model 3 sedan. It is among the most economical vehicles around the world. It will be a Completely Build Unit (CBU), making it a premium vehicle; however, you can own it with the help of a car loan online. The company may import the vehicle from the China factory; however, once the Indian factory is set up, the car will be Completely Knocked Down (CKD), which will reduce its price.

  • Variants

Currently, the model is available in 50kWh and 75kWh variants. The basic model will be powered by a 283bhp electric motor, which will deliver 450Nm torque. With a top speed of 210 kmph, the car can go from 0 to 100 kmph in 5.5 seconds. With a single charge, this EV can provide up to 350 km. The higher-end version powered with a 450bhp electric motor delivers maximum 639Nm torque and runs for approximately 500 km with a single charge.

  • Features and design

The EV includes airbags, touchscreen display, voice-activated controls, custom driver profile, collision avoidance system, automatic emergency braking, and air vent. You can also upgrade the car with LED fog lamps, power-folding, 12-way power-adjustable front seats, auto-dimming, and a tinted roof with infrared and ultraviolet protection.

  • Price 

The base model of this EV is expected to cost around INR 60 lakh. However, when the company moves to CKD, or if the car is manufactured domestically, the price may significantly decrease in the future. You can buy the Tesla EV via car finance offered by non-banking financial companies (NBFCs).

If your age is between 21 and 60, you can apply for a car loan from Mahindra Finance. The NBFC offers these loans at a competitive rate of interest and flexible repayment tenure. This ensures there will be no difficulty in paying the equated monthly installment (EMI) on time.

Visit the lender’s website to know more about the car loan eligibility and documents required and drive the new Tesla home.