Tesla Makes a Premium Entrance into India with $70K Model Y

Cheddar News

Tesla officially debuted in India opening its first “Experience Center” showroom in Mumbai and is beginning to accept orders for its China-made Model Y.

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00:00Tesla officially debuted in India, opening its first experience center showroom in Mumbai

00:06and is beginning to accept orders for its China-made Model Y,

00:10priced around 70,000 U.S. dollars, substantially higher than U.S., Chinese, or German markets.

00:16The move positions Tesla in India's luxury electric vehicle segment,

00:21targeting affluent buyers rather than competing with mass-market domestic brands.

00:26While India has introduced lower import duties for EVs,

00:29potentially 15% for manufacturers committed to local production,

00:34Tesla has shown no immediate plans for an Indian factory,

00:38instead, quote, testing the waters through imports and strategic infrastructure deployment.

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Tesla Makes a Premium Entrance into India with $70K Model Y

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Tesla Makes a Premium Entrance into India with $70K Model Y