Tesla officially enters the Indian market with the Model Y priced between ₹59.89-67.89 lakh, more than double its US and China pricing due to India’s steep import duties on luxury EVs. While the company sets up charging infrastructure in Mumbai and Delhi, experts question Tesla’s pricing strategy and emphasize the need for local manufacturing to achieve mass market penetration. Commerce Minister Piyush Goyal’s firm stance on tariff policies and President Trump’s concerns about Indian manufacturing add complexity to Tesla’s expansion plans. Despite pricing challenges, Tesla’s entry could revitalize India’s premium EV segment as the company seeks new growth opportunities amid slowing sales in Europe and China.
Published on July 18, 2025
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