Tesla Inc. is all set to enter the Indian market officially and the company has been scouting for locations for its headquarters and dealerships. While a previous report stated that the company plans to have three dealerships in Mumbai, Delhi and Bengaluru respectively, a recent report now tells us that the headquarters will be established in Mumbai.
Tesla plans to open its main office at BKC in the city, which also houses a number of among other top businesses, including Apple. The commercial space in Lower Parel is reportedly. The transaction of the lease space is currently underway and likely to be closed soon after due diligence.
Sources suggest Tesla is looking to set up dealerships that will be about 20,000-30,000 sq.ft. The dealership space will include a massive display area along with a service centre. Considering the three showrooms will be the brand’s first prime real estate, the electric carmaker is likely to go all out and make a bold statement about its electrification technology, cars, safety, autonomous driving tech and more.
Tesla is likely to introduce the Model 3 – its most affordable electric sedan in the country first. The Tesla Model X, Model S, and Model Y are likely to follow in the later months. The models will come to the country as Completely Built Units (CBU). The cars will compete against luxury electric offerings like the Mercedes-Benz and BMW EV’s including the upcoming premium EV’s from Mahindra and Tata. This all depends on how the government plans its tax structure for CBU’s, which is still in works.
