Tesla launched on Tuesday its Model Y at about $70,000 in India, a significant markup relative to its other major markets, reflecting the country's high tariffs on electric vehicle imports which CEO Elon Musk has long-criticised.

Tesla Inc. opened its first India showroom, showcasing Model Y cars with a starting price of nearly $70,000, as Elon Musk’s electric-vehicle maker looks to tap new markets and offset slowing sales where it’s already well established.

The mid-sized electric SUV Model Y, once the world’s best-selling car, will be offered in India in two variants — rear-wheel drive with base price at Rs 59.89 lakh and long-range rear wheel drive at a base price of Rs 67.