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Tesla opens third NCR outlet with Noida experience centre at Skymark One, after Delhi and Gurugram
Tesla is showing the Model Y Premium Rear-Wheel Drive at Rs 50.89 lakh and the Model Y L from Rs 61.99 lakh at its Sector 98 centre. Buyers can test drive and order there, though it is retail-only.
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Store and format facts
Figures from ET Small Business,
| Tesla sales touchpoints in NCR: | 3 |
|---|---|
| Model Y Premium RWD down payment: | Rs 6 lakh |
| Model Y Premium RWD EMI starting: | Rs 39,990 |
| Model Y L down payment: | Rs 6.5 lakh |
| Model Y L EMI starting: | Rs 49,990 |
| Indicative financing APR: | 8.5 per cent |
What it means for the format
Tesla's Noida experience centre at Skymark One, Sector 98, gives it a third NCR touchpoint after Delhi and Gurugram, and its EMIs from Rs 39,990 (Rs 6 lakh down) and Rs 49,990 (Rs 6.5 lakh down) at an indicative 8.5% APR put monthly payment at the centre of the premium EV pitch that neighbouring dealers will now face.
Next on the rollout
- Announcement of a Tesla outlet in another Indian metro after Noida
- Any change to the Model Y Premium RWD price of Rs 50.89 lakh or the Model Y L starting price of Rs 61.99 lakh
- Revision of the 8.5% APR or the Rs 6 lakh and Rs 6.5 lakh down-payment terms
- Monthly registration (Vahan) data for Tesla in Delhi, Haryana and Uttar Pradesh
- Finance or EMI offers from rival premium EV makers in NCR
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- Tesla is likely to add more experience centres in other major metros, using the Delhi, Gurugram and Noida cluster as the template for city-level rollout.
- Expect Tesla to keep headlining EMI entry points (Rs 39,990 and Rs 49,990) in its NCR marketing, since monthly payments are easier to sell than the Rs 50.89 lakh and Rs 61.99 lakh sticker prices.
- Premium rivals, including German luxury EV sellers, may answer with their own low-EMI or down-payment-led offers aimed at NCR buyers.
- Lenders and banks partnering on Tesla finance are likely to compete on rate, and the indicative 8.5% APR may become a reference point for premium EV loans.
- Tesla may widen test-drive and delivery capacity across the three NCR touchpoints if Noida's early enquiries come in strong.