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Tesla CIO: Model 3 Price Targeted Between $30-$40k

According the the Economic Times of India, the Tesla Model 3 will be priced between $30,000 and $40,000.

“Our target price for Model 3 is in the range of $30,000 to $40,000 (approx Rs 18-24 lakh) that makes it an ideal product in the luxury car segment,” said Jay Vijayan, Chief Information Officer at Tesla Motors.


Vijayan was in India as part of Tesla’s strategy to research the best time and circumstances to enter the Indian market.

This is another data point that supports a price point in the same range as a C-Class, 3-Series or an Audi A4. ┬áIn the days following this story, there hasn’t been much speculation about the future vehicle. Perhaps because the price point is something already taken for granted, or because the news about low gas prices is drowning most everything out about green cars.



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Sebastian James


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