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Tesla has made its long-awaited debut in India, where it will sell its electric SUV, the Model Y, starting at $69,770, a significant markup from other major markets, its website showed Tuesday.
Tesla (TSLA) has officially entered the Indian market with the launch of its Model Y electric SUV, priced at around ₹6 million ($69,751), according to a price catalog published on its website.
With Tesla’s initial models arriving as fully imported CBUs, the Model Y—if launched—could be priced between ₹75 lakh and ₹90 lakh (ex-showroom).
But the government wants to change that and increase the electric vehicle share to 30% by 2030. Tesla will begin by importing and selling its popular Y model cars in India.
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A new Tesla prototype was spotted again, reigniting speculation among Tesla shareholders, even though it’s likely just a Model Y, potentially a bit smaller, and the upcoming stripped-down ...