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.

— Filed Sat, 30 May, 2026, 14:29 IST · Source Times of India · Business · Updated

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 charging networks beyond Mumbai and Delhi to Bengaluru and Hyderabad.

Why this matters

Tesla's India debut underdelivered with 342 FY26 units, pushing the brand to undercut BMW iX1 and Mercedes CLA BEV while widening retail and Supercharger reach into Bengaluru and Hyderabad.

Retail-brand activity steady at 748 signals over the last 90 days.