Tesla opens 1st showroom in India
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With its sales cratering in the West, the electric vehicle giant is making a high-stakes pivot to the world's third-largest auto market.
Tesla has launched its first showroom in Mumbai, India. This move comes after stalled import duty negotiations. The company faces competition from luxury carmakers and Chinese EV companies. Market testing is crucial for Tesla,
Tesla’s long-awaited India debut comes as the government considers lowering EV import duties in a U.S. trade deal.
Tesla is entering the Indian electric vehicle market with its first showroom in Mumbai, launching with the Model Y at a premium price due to import du
1don MSN
Experts told CNBC that Tesla will compete in the premium segment of the market with the likes of BMW, rather than with local EVs like those from Tata Motors.
With delivery estimated to start from the third quarter, Tesla will drive on to India's busy roads, targeting a niche premium EV segment that accounts for just 4% of overall sales in the world's third-largest car market.
Elon Musk's electric dream finally rolls into India with a flashy showroom in Mumbai’s upscale Bandra Kurla Complex. Here’s what’s inside, what it’ll cost you, and where it’s heading next.
Tesla will open its first showroom in India on Tuesday and begin deliveries as early as next month, as the Elon Musk-led electric vehicle maker looks to tap potential demand in the third-largest