Wants To Present Cheap Electric Vehicles, Tesla Plans To Build A Factory In India

JAKARTA - Tesla has proven that electric cars can also come at affordable prices. For example, the Tesla Model 3 is sold at prices ranging from US$40,240 or around Rp. 603 million abroad. However, Tesla's efforts to bring more affordable electric vehicles did not stop there.

According to a Reuters report on Monday, July 24, it was reported that the company led by Elon Musk would introduce its newest model at a more affordable price of around US$24,000 or equivalent to Rp360 million.

To make it happen, representatives from Tesla plan to meet with India's Trade Minister to discuss the possibility of setting up a factory in the country. The factory is planned to produce affordable electric cars, both for local and export markets.

Previously, Tesla executives had also made visits to India to discuss possible production of batteries and vehicles in the country with local authorities.

This latest visit is likely to continue with previous discussions, but this time it involved the Minister of Trade of India, Piyush Goyal. It was reported that the talks would focus on regulating supply chains and factory locations.

Not only in India, Tesla is also building a factory in Mexico to produce lower-cost vehicles based on high-volume platforms.

Tesla CEO Elon Musk himself has long expressed his desire to provide a vehicle model at a more affordable price. This effort seems to be increasingly real with the launch of Tesla's business operations in Southeast Asia. The company has designated Malaysia its operational base and has also launched Model Y in the country.