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 ( TSLA) officially launched in India on Tuesday, making a small bet on a country with massive growth potential.

Tesla has launched its Model Y in India for about $70,000, 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.

In the US, the Tesla Model Y starts at $37,490, which converts to around Rs 31 lakh. But in India, the on-road price begins at Rs 61.07 lakh.

NEW DELHI — Tesla Inc. opened its first showroom in India on Tuesday, marking the electric vehicle maker’s long-anticipated debut in the world’s third-biggest automotive market. Located in the Bandra-Kurla Complex, an upscale business center in the ...

Tesla Inc. is opening its first India showroom as Elon Musk’s electric-vehicle maker looks to ply new markets and offset slowing sales where it’s already well established.

Tesla has launched its journey in India with the introduction of its popular Model Y. The rear-wheel drive (RWD) variant of the Model Y is priced at Rs 59.89 lakh (ex-showroom). The company has also unveiled the long-range RWD variant of the Model Y, priced at Rs 67.89 lakh.

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,