Tesla Motors Inc. is looking at entering the India car market and selling its upcoming mass-market sedan, according to news reports in Indian newspapers. Tesla Chief Information Officer, Jay Vijayan, was quoted as saying a major roadblock would be India's import duties. India is also one of the Asian countries that could potentially be home to a Tesla factory, the CIO reportedly told reporters in India. The Model 3 is expected in two to three years, and cost about $35,000. Tesla recently delayed the launch of its Model X, an SUV, to later next year. The company's Model S sedan starts at around $70,000. Tesla earlier this year started selling the Model S in China, and Tesla's cars are available at some European countries including the U.K., Norway, and Germany.
Copyright © 2014 MarketWatch, Inc.