Tesla's Indian office is currently processing refunds for early reservations of the Model 3, prompting widespread market speculation about the imminent launch of a new model in the country. In an email sent to customers, Tesla explained that the refunds were being issued due to the sales plan for the vehicle not yet being finalized. The company expressed its eagerness to reconnect with customers when they were ready to launch and deliver the new model. This email originated from Tesla's official Indian domain, and the company is also notifying reservation holders by phone.

It is understood that these reservations date back to 2016, and the refunds are being issued because the older version of the Model 3 has been discontinued. This development further fuels anticipation among Indian consumers regarding Tesla's future plans in the market.