Summary
Tesla has introduced its Model Y car in India, starting at about $70,000, due to high import tariffs. Deliveries are expected to begin in the third quarter, with Tesla competing in the luxury electric vehicle market against brands like BMW and Mercedes-Benz.
Key Facts
- Tesla launched its Model Y in India with prices starting around $70,000.
- High import tariffs drive up the cost of the car in India compared to other countries.
- Tesla began taking orders and opened its first showroom in Mumbai.
- Model Y deliveries are expected to start in the third quarter of this year.
- Tesla targets the high-end electric car market in India, competing with luxury brands.
- Import duties and tariffs on electric cars in India can exceed 100%.
- Tesla plans to install superchargers in Mumbai and New Delhi.
- India mainly uses right-hand drive vehicles, which Tesla's US factories do not currently produce.
