Tesla returns money to old booking holders to its initial customers in India

Tesla has begun to refund the booking amount to its initial customers in India. As per news reports, an email from the office of Tesla says that those who booked the Tesla Model 3 are being refunded the reservation fee. This development sparked speculations that the entry of Tesla in India is now highly imminent.

In an email sent to those who booked Model 3 in 2016, Tesla wrote, "We currently want to refund your reservation fee. We will contact you again when we finalize our offer in India. We hope you will join us again when we are ready for launch and delivery in your country."

Tesla has returned the money for old bookings because the company is now discontinuing the generation of Model 3 that was booked. Such emails have been sent directly from Tesla's domain, which clearly indicates that the company is preparing to start sales in India. It is worth noting that Tesla was hesitant about the high import duties in India for a long time, and due to this, the launch was getting postponed.