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Tesla to Open India Showrooms in July with China-Made Model Y EVs

Written by: Team Angel OneUpdated on: 23 Jun 2025, 7:27 pm IST
Tesla to open India showrooms in July, starting with Mumbai and Delhi, as Model Y EVs arrive from China and operations begin with limited imports.
Tesla to Open India Showrooms in July with China-Made Model Y EVs
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Tesla is preparing to begin formal operations in India with the launch of its first showrooms in July 2025, as per Bloomberg reports. The company will open its initial outlet in Mumbai by mid-July, followed by another in New Delhi. This follows years of back-and-forth over import duties and local manufacturing requirements.

First Set of Cars Already Arrived

As per news reports, the first batch of Tesla vehicles has reached India. 5 units of the Model Y rear-wheel drive SUVs have been shipped from Tesla’s factory in China. These are fully built units and are part of Tesla’s initial rollout in the Indian market.

Import Details and Tariffs

According to the import documents review by Bloomberg, the Model Y vehicles were declared at a value of ₹27.7 lakh (approximately $31,988) each. They attracted import duties of over ₹21 lakh per unit, aligned with India’s 70% tariff on fully built electric vehicles priced below $40,000. 

As per news reports, the model's expected sale price will exceed $56,000, excluding taxes and insurance. However, Tesla will set the final sticker price based on its profit margins and market positioning strategy. The same model carries a US ex-showroom price of $44,990, but US buyers can get it for $37,490 after applying tax credits.

Read more: Ola Electric Share Price Hit Record Low After Heavy Selling and Weak Q4 Results!

Warehousing 

Tesla has started leasing warehouse space in Karnataka and is expanding logistics support in Gurugram. The company has also imported Supercharger hardware, spare parts, accessories, and merchandise from the US, China, and the Netherlands.

No Country Head Yet, Hiring Underway

The company has not yet appointed a new head for its India operations following the exit of Prashanth Menon. However, hiring has begun across departments, including retail, policy, and charging infrastructure. The Mumbai and Delhi showrooms are being set up in premium commercial zones. Tesla executives from outside India are visiting the sites regularly to oversee progress.

Conclusion

Tesla’s showrooms are expected to go live starting mid-July. The company is beginning with limited imports of the Model Y while building its physical and operational presence across major cities.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 23, 2025, 1:57 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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