Musk Debuts $70,000 Tesla in India to Boost Market
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Tesla’s Model Y made a quiet entry into India. But thanks to import tariffs, it’s already rocking a $70,000 price tag. (Source: Bloomberg)
Tesla is poised to launch the long-wheelbase variant of the Model Y in the US later this year, finally nailing the coffin for the obsolete Model X
The internet and social media has been buzzing with Tesla updates ever since the American electric vehicle (EV) giant officially set foot in India with its first shop in Mumbai. The company also launched its first product in the country — Model Y — at a starting price of Rs 59.89 lakh (ex-showroom).
Tesla will introduce a longer, six-seat version of its popular Model Y SUV in China, a strategic move aimed at reclaiming market share in the world’s largest electric vehicle (EV) market amid increasing competition from domestic rivals.
A document filed with China's MIIT shows Tesla plans a Model 3+ with a single-motor configuration and NMC battery, potentially breaking the 500-mile barrier
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Tesla registered plans for a new six-seater Model Y L in China with a wheelbase of 3,040 mm, according to filing information published on China's industry ministry website on Wednesday.
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TVS Motor Company acquired Norton Motorcycles in April 2020 for around £16 million (Rs 153 crore), sparking high anticipation for Norton’s entry into the Indian market.
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Instead, Tesla extended the wheelbase to 3,040mm, or 150mm (5.9 inches) longer than the five-seat Model Y. In addition to the added length, the new Y L gets unique wheels, an updated spoiler, new seats, and appears as though it’ll be available with a new gold paint color.