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Tesla Motors to ship Model 3 to India, now taking pre-orders

Tesla Motors, which unveiled its latest electric car Model 3 just a few hours ago, has announced that it will launch the relatively lower priced model in India, Brazil, South Africa, New Zealand, South Korea, Singapore and Ireland. The company is currently taking pre-orders for a $1,000 reservation price. Note that the Model 3 is set for launch in late 2017, and is likely be delivered to pre-order customers outside the US by 2018. Adding several more countries to Model 3 order page tonight. Check for details, but will include India, Brazil, SA, SK, NZ, Sing & Ireland. — Elon Musk (@elonmusk) March 31, 2016 Model 3 is Tesla’s fourth electric car after Roadster, Model S and Model X. Model 3 differs in that at $35,000, it significantly cheaper than the other three cars. The Model S and Model X sell for a base price of $76,000 and $132,000 respectively, while the Roadster sells for $101,000. Despite the cheaper price, the Model 3 doesn’t cut too many corners; it features five-star safety rating in all categories and the autopilot feature comes as a default. The Model 3 is a four door, five seater car. It can go from 0-100 kmph in under 6 seconds and has a range of around 350km. It also features a 15” touch screen display, like the other Tesla cars, to control various aspects of the car. Overall, for Rs 25 lacs (~$35k), it should be a good deal. However, the long wait time, and the…

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