Tesla has officially arrived in India with the launch of its best-selling electric crossover, the Model Y. Available in two rear-wheel-drive (RWD) versions, Standard and Long-Range, the EV starts at ₹59.89 lakh (ex-showroom), with bookings now open in select metro cities.

Experts told CNBC that Tesla will compete in the premium segment of the market with the likes of BMW, rather than with local EVs like those from Tata Motors.

Tesla has launched its Model Y SUV in India, opening its first retail outlet in Mumbai. Bookings are now available, with deliveries for the Standard variant expected soon. The Model Y competes in a growing EV market,

Tesla launches the Model Y in India at $69,770, its highest global price, as it opens its first showroom in Mumbai and tests the premium EV market.