Tesla's Shocking India Plan: Model Y Price to Drop Rs 20 Lakh – Will This Revolutionize the EV Market?

Overview

Tesla plans to drastically reduce the price of its Model Y electric SUV in India by up to a third, potentially saving buyers Rs 20 lakh over the next 4-5 years. This move aims to capture a significant share of the Indian EV market, which is currently hampered by high import duties that make the Model Y nearly three times more expensive than other EVs.