Tesla Inc. is ready to open its first showroom in India in July, the discussion said, “Kicking formal operations in the world’s third largest automobile market, as the Alone Musk -led firm for sale in Europe and China, as Huns for Growth.
electric vehicle The first set of giant cars has come into the country – Model Y Rear-wheel drive sent from SUV Tesla The Chinese factory, according to the people, who asked not to be identified as information, is private, as well as documents viewed by Bloomberg News. Model Y is the world’s largest selling electric car.
Tesla has been designed to open its first showroom in Mumbai by mid -July, after which people will be one after the other in New Delhi. It has also imported supercharger components, car goods, goods and parts from US, China and Netherlands, showing documents.
Debut will end again a year, again on the entry of Tesla in India, the saga-one market Musk For a long time, the eyes are blind, but are held back from entering tariffs and disagreements on local manufacturing. Success in bringing Tesla to India comes in February after meeting Indian Prime Minister Narendra Modi.
Bloomberg News reported in February that Tesla was set to ship a few thousand cars at a port near Mumbai.
Tesla spokespersons did not immediately respond to an email, in which the India showroom opening and preparations was going on.
Premium price
According to documents reviewed by Bloomberg News, five models have already arrived in Mumbai from Ya Vehicle Tesla’s Shanghai factory. The cars were declared for Rs 2.77 million ($ 31,988 or broadly Rs 27.7 lakh) and attracted more than 2.1 million rupees (about 21 lakh rupees) in import duties-a levy that is perfectly in line with 70 percent tariffs of India under 40,000 drums.
According to people familiar with plans, the model is expected to go on sale for more than $ 56,000 (about 48.5 lakh rupees) before taxes and insurance, although Tesla will determine the final sticker value based on its margin and positioning strategy.
It compares the same model in the US with a pre-showroom price of $ 44,990 (about Rs 39 lakh), which once sold for $ 37,490 (about Rs 32.5 lakh 32.5 lakhs) after the tax credit is implemented once).
The premium price tag will probably be a major obstacle to Tesla’s plans as the automaker will need to explain the price-driven consumers to open their purse. India has more than five percent new passenger vehicle sales in India, but premium cars still represent less than two percent of the market, data with the Government of India’s vehicle registration portal show.
Befing
According to people familiar with the matter, the company has not appointed a new country head after the departure of Prasant Menon, but is ready to work in charging, retail and policy teams.
The models represent an early forest in the Y import market and Tesla plans to expand its appearance, including more models offering.
It is leasing the warehouse space in Karnataka south of India, and adding more to Gurugram outside New Delhi, people said.
Tesla officials from other countries are traveling weekly, people said, from Mumbai and New Delhi showrooms, which are high-profiles, luxury trade predecessors in an attempt to attract rich shopkeepers.
© 2025 Bloomberg LP
(This story is not edited by NDTV employees and auto-generated from a syndicated feed.)