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.

The Tesla Model Y Pearl White Multi-Coat RWD costs Rs 62,02,640 in Delhi and Rs 62,03,140 in Mumbai. While the RWD Long Range is priced at Rs 70,10,640 in Delhi and 70,11,140 in Mumbai.

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.

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,

The Tesla Model Y is the first vehicle to be launched in India, marking the company's long-awaited entry into the market after years of negotiations. Tesla opened its first showroom in Mumbai at BKC and will open one in Delhi soon. Tesla will bring the Model 3 sometime later in the year.

Tesla will open its first showroom in India on Tuesday and begin deliveries as early as next month, as the Elon Musk-led electric vehicle maker looks to tap potential demand in the third-largest

The Tesla India entry marked a new beginning in the country's EV landscape, with the company's Model Y launched to compete against BYD Sealion 7 and BMW iX1 among others.