Wang, once a battery chemist, founded BYD in 1995. The company entered automobiles in 2003 and launched its first EV in 2009. Berkshire Hathaway invested $230 million in BYD in 2008—an early bet that has now returned over 15x.

Musk has talked about India for years. This time, the groundwork is finally being laid. The next few months will show if this is the start of something lasting.

The first Tesla for India has landed but the question is, has it been worth the wait? The Model Y is a logical choice being its best selling car and it is one of the best selling cars in the world. The new updated Model Y is on sale in India in its RWD avatar along with the LR variant which adds more power and range.

Experts told CNBC that Tesla will compete in the premium segment of the market with the likes of BMW, rather than with local EVs like those from Tata Motors.

With its sales cratering in the West, the electric vehicle giant is making a high-stakes pivot to the world's third-largest auto market.

Trilegal has advised Maker Group on the licensing of its premium retail premises in the iconic Maker Maxity, Bandra Kurla Complex (BKC), to Tesla India. The Fir

Tesla’s long-awaited India debut comes as the government considers lowering EV import duties in a U.S. trade deal.

Elon Musk's Tesla launches Model Y in India starting at $69,770 as it prepares to open its first showroom in Mumbai. The company aims to compete with luxury brands like BMW and Mercedes-Benz in the electric vehicle market amidst rising demand for EVs in the country.