This means that the current model will continue production for another two years, and the grand transition will happen in 2025.

The new unboxed manufacturing system is critical for Tesla to compete with Chinese EV startups.

The state of Telangana has welcomed Tesla founder Elon Musk to establish its manufacturing facility in Telangana.

Tesla CEO Elon Musk tweeted the video showing Optimus greeting with a Namaste gesture.

The Gigafactory is expected to require an investment of $2-3 billion.

Tesla is likely to invest at least $2-3 billion in India to set up manufacturing operations.

Sources suggest that the affordable $24,000 Tesla EV could find its home in India.

Unleashes a Faster, More Furious Model 3 variant

Tesla supports security contests and runs its own bug bounty programme. (Image credit: Tesla)

The EVs manufactured in India would reportedly have a starting price of INR 20 lakhs.