The Mumbai showroom was inaugurated by Maharashtra Deputy Chief Minister Devendra Fadnavis. The event also showcased Tesla’s future roadmap, with the company confirming plans to open a second showroom in Delhi soon.
The Model Y offers an impressive range of up to 500 km (WLTP), a top speed of 201 km/h, and can accelerate from 0 to 100 km/h in just 5.9 seconds. Tesla has also estimated that buyers could save approximately ₹3,43,500 in fuel costs over five years.
Tesla offers financing options for Indian buyers, including an auto loan plan. The estimated monthly EMI is ₹4,80,084, based on a vehicle price of ₹60,99,690, a down payment of ₹6,09,969, a 12-month tenure, and an interest rate of 9.00% APR. Payments can be made using credit/debit cards and UPI. The booking process requires an initial payment of ₹22,220, followed by ₹3,00,000 within seven days to confirm the order. Customers can also customize and save their Model Y design via Tesla’s online configurator.
Registrations can be completed in Mumbai or other applicable states, with the on-road price varying by location.
To support the launch, Tesla is rolling out its charging infrastructure in key metro cities. Mumbai will have 16 Superchargers and destination chargers across Bandra Kurla Complex, Lower Parel, Thane, and Navi Mumbai. In Delhi, charging stations will be located in Noida, Saket, Aerocity, and Golf Course Road.
“Model Y is redesigned from end to end, and Tesla’s technology connects owners directly to the nearest charging stations,” said Isabel Fan, Senior Director for South Asia and Southeast Asia.
Initially, Tesla will import fully built Model Y units from its Gigafactory in Shanghai. Due to high import duties, prices in India are nearly double their U.S. counterparts. However, the company plans to evaluate demand in the premium EV segment before considering local manufacturing and R&D, with ongoing hiring activity already underway in Pune.
