Tesla rolls to India today with China Model Y: It will not be cheap, which is the reason

Tesla, who has a long -awaited Tesla, does not start with India with a factory, but with a shipping ship from Shanghai. According to the Bloomberg report, Electric-Wih Giant imports the Chinese GGAFACTORY YAGAFACTory, as it opens the first Indian showroom today in Mumbai, a commercial play dating back to its early strategy in China.

The Tesla showroom, which has an area of 4000 square feet in the Bandra Corla complex in Mumbai, opens on Tuesday, which represents the first material presence of the auto industry in India. On the screen: Y Crossover, it is fully charged from the Tesla’s Shanghai factory.

But cars come at a sharp price. While the Y model begins with about $ 46,000 in the United States, Indian buyers will pay much more – thanks to import duties by 70 % and additional cushions on luxury compounds. The declared value of each unit is approximately $ 27.7 per cde ($ 32,000), but with taxes, the price of the final showroom is expected to decrease between $ 50 and $ 75 for the basic variables and the average level. The edges of the top $ 90 can approach.

This places the entry of Tesla directly in the luxury slide, as it competes with German auto manufacturers such as BMW and Mercedes-Benz instead of local EV leaders such as Tata Motors or Maahindra. EV penetration in India is still less than 5 %, and luxury cars include only 1 % of the total car market.

However, analysts see this step strategy. “This is not meaningful from the point of view of size,” said Jay Cal, an analyst at Elara Securities. “But it cultivates the brand. Over time, with the improved infrastructure in the shipping and the formation of the squad, Tesla can expand.”

The second showroom in New Delhi is expected to open by the end of the month. The company also got a storage space and has escalated local employment. However, there are no confirmed plans for local manufacturing – which the Indian government prompted to overcome high import duties.

Elon Musk, CEO of Tesla, has long pressed for decreased tariffs, and continuous commercial conversations in India with the United States may reduce entry conditions. But until then, Tesla prices will remain far for most Indian consumers.

Currently, the Y. Smaghai model is the Ambassador of the Brand-noting to exist, not widely.