Tesla, the premium electric car company, is finally making its way to India. The company has secured a deal to open its first showroom in Mumbai’s Bandra Kurla Complex (BKC), one of the most expensive commercial areas in the country. Reports suggest that Tesla is paying a record-breaking rent for the space.

According to real estate sources, Tesla will occupy a 4000 square Feet showroom on the ground floor of a commercial tower in BKC. The company will showcase its cars here, paying around Rs.900 per sqft in rent, Rs.35 lakh approx., per month. The lease is for five years, and Tesla is also planning to open another showroom in Delhi’s Aerocity soon.

This move comes shortly after Tesla CEO Elon Musk met Prime Minister Narendra Modi in Washington. Following the meeting, Tesla posted 13 job listings in India, signaling serious plans for expansion. The company had originally planned to enter the Indian market in 2022 but paused its efforts. However, last year, Tesla restarted its push, and now, its launch seems very near.

With ongoing discussions about the India-US Bilateral Trade Agreement, Tesla’s entry could be perfectly timed. The Indian government currently imposes a 110% import duty on foreign cars, which has been a challenge for Tesla. Former US President Donald Trump has also criticized these high tariffs, suggesting they might push Tesla to build a factory in India. Musk, too, has been advocating for lower import duties, and the Indian government has been considering policy changes in response.

How Much Will a Tesla Cost in India?

Tesla cars will be premium-priced in India, starting at approximately Rs.21 lakh (USD25,000). Here are the expected price ranges for different models:

• Tesla Cybertruck: Rs.50.70-La
• Tesla Model 2: Rs.45-La 
• Tesla Model 3: Rs.60-La 
• Tesla Model Y: Rs.70-La 
• Tesla Model S: Rs.1.50-Cr
• Tesla Model X: Rs.2-Cr

(Prices are subject to change.)

To make Electric Vehicles more accessible, the Indian government is likely to offer tax benefits and incentives, which could help reduce costs for buyers.

What Makes Tesla Cars Special?

Tesla is known for its advanced technology and futuristic designs. Some standout features are as follows:

• Lightning-fast acceleration: The Tesla Model 3 Performance variant has 460 horsepower and can go from 0 to 100 km per hour in just 2.9 seconds.
• Autopilot & Full Self-Driving: Advanced driver assistance features that can adjust speed based on traffic and even offer near-autonomous driving.
• Over-the-air software updates: Tesla cars receive new features and improvements remotely, just like a smartphone.
• Minimalist, high-tech interiors: A 15.4-inch central touchscreen, an 8-inch rear screen, and premium materials make the cabin feel futuristic.
• Entertainment & comfort: Tesla offers in-car gaming, karaoke, and a 17-speaker audio system for an immersive experience.
• Advanced climate control: Select models feature tri-zone temperature control, ventilated seats, and HEPA filtration for clean air.
• Futuristic steering: The Tesla Model X comes with a yoke steering wheel for a sleek, modern feel.

With Tesla’s official entry into India, the country’s EV market is set to witness a major changes. If India government introduces more supportive policies, Tesla could soon become a top choice for Indian buyers looking for high-performance electric cars.