
Tesla Refunds Dream11 CEO's Booking Amount And He's Miffed With Elon Musk
Last Updated:
Dream11 CEO Harsh Jain called out Elon Musk and his Tesla for cancelling his reservation to buy the Model 3 car.
Elon Musk's Tesla will make a grand debut in India by launching its fleet of electric vehicles for customers in the country. While the development comes as big, happy news for many eagerly awaiting Tesla's entry, not everyone appears to be happy at the moment. Harsh Jain, Dream11 CEO, took to his social media handle and called out Elon Musk's company for not caring about the feelings of the customers, especially in India. Noting that he had previously paid $1,000 to reserve a Model 3 Tesla car in 2017, Jain shared that his reservation has now been cancelled.
Jain also shared a screenshot of the message that he received from the company, stating that the particular model has been discontinued and that his reservation fees will be refunded to the source.
Unhappy with the decision, the Dream11 CEO claimed that such actions would turn all Indian Tesla fans into haters. Slamming the company for taking away his priority slot, Jain also noted that if he had invested the same amount in Tesla shares back in the day, the value would have been much higher. 'I had paid $1k for a priority slot in March 2017 for Tesla's India launch. Now that Tesla is FINALLY launching almost 10 YEARS later, they're only going to refund me $1k and take away my priority slot. Even if I had just invested this $1k in Tesla in March 2017, it would be worth ~$20k now. Way to show fans that Tesla doesn't care," he wrote.
In the message shared by Harsh Jain, Tesla appears to have explained that the company is currently in the process of finalising its product offerings in India. They assured of returning the $1,000 fee that Jain paid to reserve a Model 3 back in 2017.
The post comes at a time when Tesla has already begun operations in India, with the testing process underway. The company's Tesla Model Y Juniper, which is likely to be launched first in India, was spotted on the streets of Mumbai. Meanwhile, reports suggest Tesla has also finalised venues for its authorised dealerships across Mumbai and Delhi. It is yet to be known whether the company will manufacture cars in the country.
First Published:

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
32 minutes ago
- India.com
Ahmedabad Air India Plane Crash: Tata Group Announces Rs 1 Crore Compensation For Victims' Families
Ahmedabad Air India Plane Crash: Tata Group will offer Rs 1 crore in financial assistance to the families of each individual who lost their life in this tragic incident, according to the company's chairman, N. Chandrasekaran, on Thursday. The company will also cover the medical expenses of those injured, ensuring they receive the necessary treatment and support. Moreover, the Tata Group will provide support for the construction of B J Medical College's hostel. Tata Sons chairman N. Chandrasekaran further said, "No words can adequately express the grief we feel at this moment. Our thoughts and prayers are with the families who have lost their loved ones, and with those who have been injured". We are deeply anguished by the tragic event involving Air India Flight 171. No words can adequately express the grief we feel at this moment. Our thoughts and prayers are with the families who have lost their loved ones, and with those who have been injured. Tata Group will… — Tata Group (@TataCompanies) June 12, 2025 In a tragic incident, an Air India Boeing 787-8 Dreamliner aircraft crashed in Ahmedabad's Meghani Nagar area on Thursday afternoon, prompting a massive emergency response. According to a statement shared by Air India on X (formerly Twitter), the flight had departed from Ahmedabad at 13:38 hrs with 242 passengers and crew members on board. Among the total passengers were 169 Indian nationals, 53 British nationals, 7 Portuguese nationals, and 1 Canadian national. A dedicated passenger helpline has been activated at 1800 5691 444 for more information. The Boeing 787-8 Dreamliner, widely used for long-haul international flights and considered a modern and efficient aircraft, has had a history of safety concerns. According to information, the DGCA officials are on site collecting flight data, voice recordings, and witness accounts as part of the investigation. Sources said that Boeing representatives and officials are also expected to assist the ground staff. This is one of the most serious aviation incidents in India in recent years involving a wide-body aircraft. Boeing aircraft have been involved in multiple crashes over the years. The most recent was a Jeju Air flight in South Korea, which crashed in late December 2024 during a landing attempt, resulting in the loss of 179 lives. That aircraft was a Boeing 737-800.


The Hindu
32 minutes ago
- The Hindu
Indian stocks down 1% as U.S. says Israel may attack Iran
Indian stocks dipped 1% on Thursday (June 12, 2025) after United States withdrew diplomats from the West Asian nations saying that Iran was 'not safe' and may be attacked by Israel. Benchmark Nifty 50 and Sensex fell 1% to 24,888,20 points and 81692 points on Thursday. All sectoral indices dipped with Financial services indices falling nearly 2%. With Thursday's slump Indian markets broke a consecutive six day positive returns. 'The downturn was attributed to intensified profit-booking and risk-off sentiment, as escalating geopolitical tensions in the Middle East overshadowed positive macro cues such as softening inflation and encouraging trade data,' said analysts at Bajaj Broking. The slump in equity markets also led to a nine paise depreciation of rupee settled down to ₹85.09 a dollar. 'The Indian rupee becomes the worst-performing Asian currency, battered by risk-averse sentiments and a surge in crude oil prices driven by geopolitical concerns. Weak domestic equities have further weighed on the local currency,' said Dilip Parmar Senior Analyst at HDFC Securities.


Time of India
33 minutes ago
- Time of India
Ahmedabad plane crash: Air India announces relief flights from Delhi & Mumbai
Following Thursday's Air India crash near Ahmedabad involving 242 people, the airline arranged special relief flights from Delhi and Mumbai for passengers' families. The Boeing 787, bound for London, crashed into a medical college facility. Tata Group pledged ₹1 crore compensation per victim's family and support for the injured. PM Modi called the incident 'heartbreaking beyond words.' Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads After the Air India plane crash near Ahmedabad airport on Thursday with 242 people onboard, the airline announced it is arranging two relief flights, one each from Delhi and Mumbai, to Ahmedabad for the next of kin of passengers and Air India staff. The plane, which took off at 1:38 p.m. and was bound for London Gatwick Airport, crashed into a dining facility at a local medical and photos of the crash site showed plumes of black smoke coming from the wreckage and firefighters dousing charred residential buildings. The plane's tail appeared to be hanging out of a damaged of departure: 2300 hrs on 12 JuneTime of departure: 0110 hrs on 13 JuneTime of departure: 2300 hrs on 12 JuneTime of departure: 0115 hrs on 13 JuneNext of kin of passengers and staff in Delhi and Mumbai wanting to travel on these flights can call our hotline on 1800 5691 444. Additionally, those coming in from international destinations and wanting to travel can call our hotline on +91 Tata Group will provide Rs 1 crore to the family of each person who lost their life in Thursday's Group will also cover the medical expenses of those injured and ensure that they receive all necessary care and support, he said. Additionally, "we will provide support in the building up of the B J Medical's hostel."Air India said the plane, a Boeing 787-8 Dreamliner, was carrying 169 Indian citizens, 53 British, seven Portuguese and one Canadian. Injured people were being taken to hospitals, the airline said, but it was unclear whether they had been on the ground or on the plane departed from Sardar Vallabhbhai Patel International Airport, which temporarily shut down after the crash. It had been scheduled to land in London at 6:25 p.m., London Gatwick Airport Minister Narendra Modi said the crash was "heartbreaking beyond words" in a statement on social media. "In this sad hour," he added, "my thoughts are with everyone affected by it."