Tesla cuts Model Y price by up to Rs 9 lakh in India, opens RWD at Rs 50.89 lakh
Tesla repositions Model Y in India with a price cut of up to Rs 9 lakh, launching Premium RWD at Rs 50.89 lakh and Premium AWD at Rs 61.99 lakh. The move follows soft volumes - 342 units in FY26 and just 43 in April - and pairs with retail and charging expansion into Bengaluru and Hyderabad beyond Mumbai and Delhi.
What happened
Tesla cut Model Y price in India by up to Rs 9 lakh, launching Model Y Premium RWD at Rs 50.89 lakh to widen its customer base. It is expanding retail and
Key facts
- Rs 9 lakh price cut
- Model Y Premium RWD Rs 50.89 lakh
- Model Y L Premium AWD Rs 61.99 lakh
- 70% basic customs duty
- 342 vehicles in FY26
- 43 units in April
Why this matters
Tesla's pivot to a Rs 50.89 lakh entry point compresses the premium EV band and pressures domestic OEMs and luxury importers to accelerate partnerships, localization, or counter-pricing moves before the four-metro retail footprint hardens.