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Time of India
21 hours ago
- Automotive
- Time of India
Tesla drives into India: Elon Musk's EV giant opens first showroom in Mumbai; from prices to market strategy - top 10 things to know
Elon Musk owned Tesla has officially entered the Indian market with the opening of its first showroom at Mumbai on Tuesday, marking a major milestone for the American EV maker, as it unveiled two Model Y vehicles on display. The move follows a teaser from Tesla's India-focused X handle last Friday, hinting at a July 2025 launch with a post that simply read 'Coming soon,' accompanied by a graphic referencing its India debut. Here are the key highlights from Tesla's much-anticipated arrival: First stop Mumbai: Tesla's first Indian showroom, a 4,000-square-foot space located at Maker Maxity Mall in Mumbai's Bandra Kurla Complex, marks the company's official launchpad in the country. Situated in the heart of the city's financial hub, the showroom currently features two variants of the Model Y, a midsize electric SUV on display. Prices in India: The Model Y will start at Rs 61 lakh (on-road), with the rear-wheel drive version priced at Rs 59.89 lakh. The long-range rear-wheel drive variant comes in at Rs 67.89 lakh. High import duties bite: India's import duties on foreign cars, ranging from 70% to 110%, have been a longstanding concern for Tesla CEO Elon Musk. The on road price is almost a third more than the vehicle's starting price in the US without a federal tax credit, Bloomberg reported. Deliveries to begin later: While the car is now available for bookings, customer deliveries are expected to begin only after September 2025. Tesla plans to use the interim months to complete regulatory processes, fine-tune logistics, and strengthen its after-sales infrastructure. Regulatory nod received: Just days before the showroom opening, Tesla received formal approval from Mumbai's Andheri RTO. A trade certificate was issued on July 11, allowing Tesla to showcase, test-drive, and sell its cars within India. From Shanghai to Mumbai: The cars currently on display, and available for test drives, have been imported from Tesla's factory in Shanghai. Union Minister HD Kumaraswamy had earlier clarified that Tesla has no plans to manufacture in India for now. Delhi next stop: After Mumbai, Delhi is next in line. Tesla has plans to unveil its second showroom in the country, which will open in the capital city, expanding its footprint in India's two largest urban markets. Charging infrastructure incoming: Tesla will install its next-gen V4 Superchargers in India ahead of vehicle deliveries. These chargers can power up the car for a 267-km range in just 15 minutes. The company will also set up four charging stations in Delhi, equipped with a total of 16 Superchargers. Hopes to revive sales: Globally, Tesla's sales dipped by 13% between April and June amid growing backlash over Elon Musk's political views. The company sold 384,122 vehicles during the quarter, down from 443,956 a year earlier. India now offers a fresh opportunity at a time when demand in the US and China appears to be cooling. A two-decade journey: Tesla, founded in 2003 by Martin Eberhard and Marc Tarpenning, has grown from an ambitious startup into one of the most recognisable names in the EV world. Named after inventor Nikola Tesla, the company has become synonymous with electric innovation. Tesla's entry comes on the back of India's newly announced EV policy, which offers reduced import duties and a range of incentives to global electric car makers. Prime Minister Narendra Modi and Elon Musk also discussed potential collaborations in April during a call, followed by a meeting in February in the U.S. With the Mumbai showroom now open, Tesla is finally set to test the waters in one of the world's fastest-growing automotive markets, marking the beginning of what could be a transformative chapter for India's EV future. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hans India
a day ago
- Automotive
- Hans India
Tesla Opens First Showroom in India at Mumbai's BKC
Tesla has opened its first showroom in India. It is located at Maker Maxity Mall in Bandra Kurla Complex (BKC), Mumbai. This is Tesla's main showroom and experience centre in the country. The Chief Minister of Maharashtra, Devendra Fadnavis, attended the opening. Tesla is also setting up a workshop in Mumbai to service its cars. The showroom was designed by architect Neeta Sarda. She said the design is clean and simple so that the cars stand out. Last week, the Andheri RTO gave Tesla a trade certificate. This allows the company to show cars, offer test drives, and sell vehicles in India. Model Y Will Be Tesla's First Car in India Tesla will first sell the Model Y SUV in India. The price in Mumbai is ₹61,07,190 on-road. Deliveries will start after September 2025. There are two versions: Rear-wheel drive: ₹59,89,000 Long-range rear-wheel drive: ₹67,89,000 The Model Y can go 500 km on one charge. It can go from 0 to 100 kmph in 5.9 seconds. The top speed is 201 kmph. It will be available in six colours: Stealth grey Pearl white Diamond black Glacier blue Quick silver Ultra red The car will have a black and white interior, a big 15.4-inch screen, wireless charging, USB-C ports, and internet features. You can control the car with an app or voice commands.
Hindustan Times
3 days ago
- Automotive
- Hindustan Times
Tesla showroom to open in BKC on July 15
MUMBAI: The transport department and regional transport office (RTO) have given a trade certificate to Tesla India Motors and Energy Private Limited before it opens a showroom, said a senior RTO official. The global electric vehicle (EV) manufacturer will open its first showroom in Maker Maxcity at Bandra Kurla Complex on July 15. A workshop (service centre) and a warehouse will come up at Lodha Logistic Park in Sakinaka. Andheri RTO and the trade transport gave Tesla a trade certificate that allows sales,test drives and service centres. (Photo by Satish Bate/ Hindustan Times) (Hindustan Times) According to Section 35 of the Central Motor Vehicle Rules, a trade certificate authorised unregistered vehicles to be legally operated on public roads under specific conditions and is valid for five years. The trade certificate allows Elon Musk-owned Tesla to display EVs as well as test drives, sales, delivery of vehicles, and use of workshops. The Andheri RTO formally issued the trade certificate, thus paving the way for the global EV giant to enter the Indian market, sources in the transport department said. Tesla is expected to introduce the popular 'Model Y' for sale. 'The application for the dealership was received earlier this week. Before issuing the certificate, the RTO Inspectors inspected the showroom, parking and godown facilities mentioned by Tesla,' said an Andheri RTO officer. Having a trade certificate is a procedural requirement for all auto dealerships. Tesla can now bring in demo vehicles, conduct road tests and begin the registration process for sales in India, said a member of the Bus and Car Owners Association.
Time of India
5 days ago
- Automotive
- Time of India
Tesla gets Maharashtra RTO nod to start show-room, sell its EVs
Tesla has received approval from the Regional Transport Office (RTO) to display, test drive, and sell its vehicles in Mumbai, India. The Andheri RTO issued a 'trade certificate' to Tesla India Motors and Energy Private Limited, allowing the EV giant to inaugurate its showroom in Bandra Kurla Complex on July 15. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Days ahead of its debut in the country, EV giant Tesla on Friday received a go-ahead from the Regional Transport Office (RTO) here to display vehicles, allow test drives and sell its Andheri RTO formally issued a 'trade certificate' to the global EV giant, officials months of speculation over its entry into the Indian market, Tesla is set to inaugurate its showroom in Mumbai's Bandra Kurla Complex business district on July 15.A senior RTO official told PTI that they issued trade certificate to Tesla India Motors and Energy Private Limited, an Indian arm of the Elon Musk-headed firm, as per the procedure prescribed by the Motor Vehicles issuing the certificate, Motor Vehicle Inspectors inspected the showroom, parking and godown facilities mentioned in the company's official from Andheri RTO said the application for dealership registration was received earlier this trade certificate is issued under section 35 of the Central Motor Vehicle Rules and it authorises unregistered vehicles to be legally operated on public roads under specific conditions. The certificate is valid for five years, and also allows car display and exhibition, delivery runs and workshop Bhimanwar, transport commissioner of Maharashtra, told PTI that the company had applied for the trade certificate at Andheri certificates are mandatory under the Central Motor Vehicles Rules for vehicle dealers or manufacturers who wish to move unregistered vehicles for trials or promotional activities."This is a procedural requirement for all auto dealerships. With the trade certificate in place, Tesla can now bring in demo vehicles, conduct road tests and begin the registration process for sales in India," a retired RTO official to reports, Tesla is set to sell the popular 'Model Y' in the per the copy of Telsa India's application for dealership registration, its showroom will be on the ground floor of Maker Maxity commercial complex next to a mall at North Avenue in Bandra Kurla Complex, the biggest business district of the financial capital of the workshop or service centre and warehouse will be located at Lodha Logistic Park, Kujupada in Sakinaka area, around 6 km from the showroom and in close proximity of the international airport.
