India, Tesla
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Tesla entered India's market for the first time on Monday, making its Model Y SUV available and opening its first showroom in the nation.
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.
After a prolonged period of will-they-won’t-they Tesla – the world’s second-largest EV maker and arguably the hottest EV brand in the world – has finally reached India. Tesla has entered as a wholly owned subsidiary of Tesla Inc. with its first showroom in Mumbai’s BKC. Here’s all you need to know about Tesla's debut in the country.
The opening of its first store in the country has created a buzz, but will Elon Musk's EV venture have enough firepower to go on the charge?
Don’t expect Elon’s EV company to turn its fortunes around any time soon after launching in India today. It may be the world’s third-biggest auto market, but EVs make up less than 5 percent. Throw in heavy auto import tariffs that leave the Indian Model Y priced almost a third more than in the US,
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The opening of Tesla's first showroom in India is a milestone but not a breakthrough for the country's EV sector.
Tesla has launched its Model Y SUV in India, opening its first retail outlet in Mumbai. Bookings are now available, with deliveries for the Standard variant expected soon. The Model Y competes in a growing EV market,