Tesla’s India Debut Amid Global Sales Slump, Stiff Competition

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Tesla's India Debut Amid Global Sales Slump, Stiff Competition

After years of anticipation, Tesla has entered the Indian market, opening its first showroom in Mumbai’s Bandra Kurla Complex on Tuesday. The launch of the Model Y, priced from 60 to 68 lakh rupees, was inaugurated by Maharashtra Chief Minister Devendra Fadnavis. He stated, "this is not just inauguration of an experience center, but it is a statement." This move into the world’s third-largest car market comes as the EV giant grapples with significant global challenges, including a 13.5% drop in sales in the April-June quarter and plunging profits. The entry was facilitated by India’s new EV policy, which reduced high import duties. The broadcast also covers major flash floods in New York and New Jersey, which have paralyzed transit systems and led to a state of emergency. #tesla #teslaindia #elonmusk #itwebvideos #modely #electricvehicle #ev #mumbai #makeinindia #teslalaunch #teslaprice #newyork #newjersey #flashflood #flooding #indiatoday #fivelives

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