Tesla fans in India are too many to be counted and if you are one among them yearning to own this lavish car, then it is just a matter of a few months to realize your dream.
CEO of Tesla, Elon Musk, has put a timeline for the electric car to enter the country and we can’t wait to see this dream car getting on roads.
In a recent interaction with the students from Indian Institution of Technology (IIT) Madras, Elon Musk said the car may run on the bumpy Indian roads in 2020.
The Avishkar Hyperloop team from IIT Madras took part in the finals of "SpaceX Hyperloop Pod Competition 2019", a global competition organized by the American aerospace manufacturer and space transportation company, on July 21.
The team asked Musk when he is planning to bring his company Tesla to India.
"To which, Musk said it is probably going to happen in a year's time," IIT Madras said in a statement on Friday.
Musk has been moving back and forth on his India dream for a couple of years and is unable to take the next big step.
Breaking his silence over India plans, Musk tweeted in March this year that he would love to be in the country in 2019 or next year.
"Would love to be there this year. If not, definitely next! India," Musk tweeted to a user.
Musk has laid blame on the government's policies for giving up on his India dreams. He also blamed the Foreign Direct Investment (FDI) norms for the time lag in the electric car maker's entry into the Indian market.
"Would love to be in India. Some challenging government regulations, unfortunately," Musk had tweeted.
Earlier this year, Tesla's Indian origin Chief Financial Officer Deepak Ahuja announced his retirement from the firm, bringing Musk's India dream to a halt again.
Tesla was expected to get into the Indian market with the Model 3 that sells for nearly $35,000.
In the year 2015, Prime Minister Narendra Modi visited Tesla main office at Palo Alto in California and met Musk who gave Modi a tour of the company's electric car plant.
Musk, in January this year, laid the foundation of Tesla Gigafactory in Shanghai - the first-ever outside the United States - that is expected to produce 500,000 electric vehicles per year and double the production capacity.
Gigafactory Shanghai carries on to take shape, and in Q2, Tesla started to move machinery into the facility for the introductory phase of production there.
Moving Tesla cars to India would be easy from the Gigafactory Shanghai once it starts operations.
Despite delivering a record 95,200 cars in the second quarter (Q2) of 2019, Tesla reported a net loss of $408 million for the quarter that concluded June 30.
Tesla registered a revenue of $6.3 billion - a significant improvement from Q2 last year when it had $4 billion in revenue.
By Sowmya Sangam