Whatsapp Facebook Twitter Tesla has officially entered the Indian market, opening its first showroom in Mumbai on Tuesday and launching the Model Y SUV, priced at around $70,000 (₹60 lakh), as it targets the country’s growing luxury electric vehicle segment. — Ankit Jxa (@kingofknowwhere) July 11, 2025 In India, the Model Y rear-wheel drive is priced at ₹6 million ($70,000), while the long-range version costs ₹6.8 million ($79,000). By comparison, the same model starts at $44,990 in the US, 263,500 yuan ($36,700) in China, and €45,970 ($53,700) in Germany. Tesla’s Full Self-Driving (FSD) feature will be available in India for an additional ₹6 lakh, with promised software updates to gradually reduce the need for driver involvement. Tesla to compete with BMW, Mercedes in India With this launch, Tesla is targeting India’s premium electric vehicle segment — a niche that currently accounts for just 4 per cent of overall car sales in the country, the world’s third-largest automobile market. The company will compete with luxury brands such as BMW and Mercedes-Benz, rather than local players like Tata Motors and Mahindra. Talks are still ongoing between India and the US over reducing import duties as part of a broader trade agreement. Tesla has consistently lobbied for lower tariffs to improve affordability and market access. Heavy security was deployed at the Mumbai showroom opening, where media and dignitaries gathered to witness the landmark event. STORY CONTINUES BELOW THIS AD End of Article