Tesla's Debut In India: Mumbai Showroom Opens Today Model Y, Model 3 To Be On Display
2. Offered in Long Range RWD and Long Range AWD (Dual Motor) versions, the SUV delivers an exceptional range of up to 574 km and can speed up from 0 to 100 km/h in just 4.6 seconds.
3. Five Completely Built-Up (CBU) Model Y units have reportedly arrived in Mumbai from Shangai factory, each priced at nearly ₹27.7 lakh ($31,988). However, due to a hefty 70% import duty on EVs priced under $40,000, the total cost is likely to exceed ₹48 lakh (including ₹21 lakh in import taxes), even prior to adding GST and insurance.
Also Read | Elon Musk floats a new source of funding for xAI: Tesla4. India will impose an import duty of nearly 70%, surging the price of the cars. Although, the American electric vehicle (EV) could lower the prices as it may thought of local manufacturing in the future.
5. Buyers can begin ordering from July 15. Shipments are expected to commence in August.
6. According to Bloomberg, five Model Y vehicles have been brought in from the Shanghai plant for the first stage.
7. Tesla will soon open its next store in Delhi after Mumbai. For now, it focuses on these two. However, there is no official confirmation on setting up showrooms in other cities as well.
Also Read | Elon Musk rules out merger but confirms Tesla investor vote on xAI investment8. Tesla's most budget-friendly model, the Model 3, will also be displayed but is expected to hit the market later in 2025. The top-end version of the Model 3 accelerates from 0 to 100 kmph in just 3.1 seconds, offers a driving range of 507 km, and can reach a maximum speed of 162 kmph.
9. With a starting price of $29,990 ( ₹25.99 lakh) in the US and a lowered 15% import duty under the updated EV policy, its ex-showroom price in India could be around ₹29.79 lakh. However, after factoring in state taxes and registration costs, the final on-road price may exceed ₹40 lakh, placing it in direct competition with models like the BYD Seal.
10. The launch of the first showroom comes after getting a trade certificate from the Andheri RTO, permitting it to showcase, test, and sell its products in India. It has agreed to a 5-year lease for a 4,000 sq. ft. retail space in BKC. The space costs ₹35 lakh per month and is near Apple's flagship showroom.
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