Tesla Motors, the US based electric car giant, today announced the launch of its upcoming Tesla Model 3 in several new markets including India. Unveiled on Friday morning, the pre-launch bookings for the Model 3 have also commenced. The company opened the online bookings for the car an hour earlier to avoid any server overload. As a matter of fact, the company has already received over 1.15 lakh pre-orders for the car.
Announcing it on Twitter, Elon Musk – Founder of Tesla Motors, said that Tesla Motors has added India, South Africa, Brazil, New Zealand, Ireland and Singapore as its new markets for the Model 3. Set to go into production in 2017, the Tesla Model 3 is expected to be priced around USD 35,000 (pre-taxes). The new Tesla model is quite crucial for the automaker’s global growth plans as this one will target a larger set of buyers.
Coming to the product, the Tesla Model 3 offers a minimum range of 300kms per charge and can reach 60mph from standstill in under 4 seconds. This makes it quite a practical vehicle to commute. The India-bound Tesla Model 3 is a smaller hybrid of the Model S and X.
A day before the unveiling of the Model 3, Tesla shares closed up 2.8% at $229.77 on the Nasdaq.
