Tesla's Model Y Makes Its Grand Entrance in India

Tesla Inc. has officially announced the pricing for its Model Y in India, marking a significant milestone for the electric vehicle (EV) market in the country. The rear-wheel drive version will start at 5.99 million rupees ($69,700), setting a new benchmark for luxury EVs in India.

Expanding Tesla's Presence in India

With the long range rear-wheel drive version priced at 6.79 million rupees, Tesla is not just introducing a new model but also expanding its physical presence. The company is set to unveil its first showroom in Mumbai this week, followed by a second in New Delhi by the end of the month, signaling its commitment to the Indian market.

A Comparative Look at Pricing

For context, the Model Y long range rear-wheel drive starts at $44,990 in the United States, highlighting the premium pricing strategy Tesla is adopting in India. This move is seen as a test of the Indian market's readiness for high-end electric vehicles.