Tesla Set to Open First Showroom in Mumbai on July 15

ENA Sectors 2025-07-11 16:51:35 Mumbai, Jul 11 (KNN) Elon Musks Tesla is set to make its official entry into the Indian electric vehicle (EV) market with the launch of its first Tesla Experience Centre in Mumbai on July 15, 2025. Located in Bandraâ¯Kurlaâ¯Complex (BKC), this state-of-the-art showroom represents Teslas strategic step into a key commercial hub. Ahead of the launch, Tesla has imported nearly USD 1 million worth of vehicles, chargers, accessories, and branded merchandise from its factories in Shanghai and the U.S. The initial batch comprises six Model Y SUVs, including one long-range version, all subject to Indias steep import duties of around 70 per cent. Those imported under USD 40,000 face additional levies, pushing the final retail price north of USD 56,000—significantly above Teslas U.S. base price of roughly USD 45,000. Although Indias EV market remains small—only about 5 per cent of new car sales, with luxury EVs accounting for less than 2 per cent—Tesla sees long-term potential. By introducing its flagship Model Y, equipped with advanced battery and autopilot tech, Tesla aims to attract early adopters and tech-savvy consumers who can absorb its premium pricing. While the Mumbai centre will showcase Teslas vehicles and brand experience, initial operations will exclude local manufacturing, test drives, or delivery—those steps may come later. Indias government had previously drafted incentive policies to draw EV production, and Tesla had signalled interest in a possible USD 2 3 billion investment involving manufacturing. However, Musk later cancelled his visit and confirmed no immediate plans for a factory in India. Tesla is concurrently expanding its presence in India, with four commercial properties now in place, including offices in Bengaluru and Pune, a service centre in Kurla West, and its inaugural showroom. The company is also actively hiring local talent in sales, service, supply chain, and autopilot development, signalling a long-term commitment. (KNN Bureau) 42780 https://knnindia.co.in/news/newsdetails/sectors/tesla-set-to-open-first-showroom-in-mumbai-on-july-15 2025-07-11 16:51:35 knnindia.co.in Tesla Set to Open First Showroom in Mumbai on July 15