Tesla is entering the Indian market with a new experience centre in Mumbai, importing Model Y vehicles despite high tariffs

Elon Musk's Tesla is finally plugging into the Indian market, opening its first experience centre in Mumbai’s Bandra Kurla Complex on July 15. Despite steep import tariffs, the EV giant is betting on growing demand to power its India journey.

Elon Musk-led Tesla is set to launch its first showroom in India next week, choosing Mumbai as its entry point, reported newswire Reuters, citing a launch invitation to the media. The carmaker has already brought in $1 million worth of vehicles and merchandise, signalling its debut in the world’s third-largest automobile market, the report said.

Tesla’s stock price has plunged in response to Elon Musk’s announcement of a new political party and his latest attacks on President Donald Trump. Investors are once again concerned about Musk’s focus as the company’s CEO announced over the weekend that he has launched the America Party.

Detroit automaker General Motors has accelerated EV sales and market share while Texas-based Tesla cratered this spring due to criticism of Musk.

Under the new legislative action, a tax break will be implemented for all vehicles assembled in the United States, regardless of where their parts are sourced, as long as the final assembly occurs domestically. With this in mind, Tesla is perfectly positioned to qualify its customers for this benefit.

New legislation in the United States would make it even less affordable to buy electric vehicles. *Stock prices used were the afternoon prices of July 5, 2025. The video was published on July 7, 2025.

Nikola Tesla was a Balkan visionary whose influence continues to shape the very world in which we live in myriad ways. Every year on July 10, the world marks the birth of Nikola Tesla—a man whose genius continues to shape our technological civilization.