Tesla envisions 'partial presence' in India by 2019 end

Elon Musk  InstagramElon Musk with his boring machine

Elon Musk InstagramElon Musk with his boring machine

Musk tweeted at the time that he had "funding secured" for the deal, but later dropped the plans, admitting they had been unrealistic.

This isn't the first time that Elon Musk brought up the company's plans for development in the Indian market.

Tesla's expansion plans include India, as well as Africa and South America.

While Tesla chose China, not India, as the venue for its first production facility outside of California, Musk's latest tweets are nonetheless interesting for keen Tesla-watchers in India.

The Securities and Exchange Commission (SEC) investigation, which first came to light in August, is one of three that are now open against the company, the others being spearheaded by the FBI and the Department of Justice.

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The Justice Department has also requested documents as part of a similar investigation, but those investigators have not issued subpoenas or made other formal requests, Tesla said in a statement Friday.

The Tesla CEO, in response to a query asking for easier access to service locations, said that the company was looking to expand its service presence in existing markets.

Tesla and Panasonic now produce about 60% of the world's (electric vehicles) EV batteries, while Shanghai-based Gigafactory 3 will produce EV and battery modules, with an initial plan to produce 3,000 Model 3 vehicles a week, Musk said.

Musk wrote, "Tesla will be there (in India) as soon as he (Deepak) believes we should".

"When we started the Model 3 production ramp, we were transparent about how hard it would be", the company said in a statement. First sketch of the new vehicle was presented on the show electric truck from Tesla, which was held previous year. A Tesla Model X was also seen on the roads of Mumbai previous year. The company may produce it in a limited quantity.

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