Musk Debuts $70,000 Tesla in India to Boost Market
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The opening of Tesla's first showroom in India is a milestone but not a breakthrough for the country's EV sector.
After a prolonged period of will-they-won’t-they Tesla – the world’s second-largest EV maker and arguably the hottest EV brand in the world – has finally reached India. Tesla has entered as a wholly owned subsidiary of Tesla Inc. with its first showroom in Mumbai’s BKC. Here’s all you need to know about Tesla's debut in the country.
Electric cars and buses will be exempt from tolls on major expressways, including the Mumbai-Pune Expressway, the Mumbai-Nagpur Samruddhi Mahamarg, and the Mumbai Trans Harbour Link (Atal Setu).
Tesla has finally entered India, thrilling fans—especially entrepreneurs who reserved their cars nearly nine years ago.
Vivek Vaidya at Frost & Sullivan discusses Tesla's foray into the Indian market. He says the most popular cars in India are one tenth of the price of Tesla and it will be "the rich and famous" that drive Tesla cars.
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Tesla's lower Model Y is priced at ₹59.9 lakh ex-showroom, while the long-range rear-wheel drive variant is priced at ₹67.9 lakh. Tesla also promises a free home charger for early buyers and charging stations in Mumbai,
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Tesla has officially entered the Indian market with its first showroom at BKC, Mumbai, launching the Model Y SUV at Rs 60 lakh. The news sparked a wave of memes online, ranging from jokes about potholes to the car’s affordability.