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- Tesla Motors looks to establish 'partial presence' in India by 2019 end
Tesla Motors is planning to establish 'partial presence' in India, Africa, and South America by the end of 2019, and expand further in 2020.
The company is also looking to expand its overall market beyond North America, Europe, and China by 2019 end.
Elon Musk, Chief Executive Officer (CEO) of Tesla Motors, tweeted, "To clarify further, the long-term goal for Tesla mass market products is local production for local markets (at least at the continent level). This is critical to make pricing as affordable as possible."