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Tesla tries to sweeten the Model Y deal in India with EMI options
After selling just 225 cars in 2025, Tesla is turning to EMI schemes to improve Model Y accessibility in the Indian market.
Tesla entered the Indian market in July 2025 with a single product: the Tesla Model Y. Unlike several other global carmakers that assemble vehicles locally, Tesla chose the fully imported route for its India debut. That decision immediately placed the Model Y in a high tax bracket, with import duties crossing 100 per cent and pushing prices well beyond what most buyers associate with the brand internationally.
Check OffersIn Delhi, the Model Y currently carries an ex-showroom price of ₹59.89 lakh for the rear-wheel-drive standard range variant. The long-range rear-wheel-drive version is priced at ₹67.89 lakh. Unsurprisingly, that pricing has had a direct impact on demand. For the calendar year 2025, Tesla retailed just 225 units in India.
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Why pricing has been a roadblock
In a bid to improve accessibility, Tesla has now introduced an EMI scheme for the Model Y. Under this plan, the electric SUV can be brought home with a monthly payment starting at ₹49,000, with a down payment of ₹6 lakh. The company has not officially disclosed the interest rate applicable to the scheme, which means the final monthly outgo could vary based on tenure and lender terms.
(Also Read: Slow sales force Tesla to offer discounts upto ₹2 lakh on Model Y: Bloomberg)
Discounts, but without a public announcement
This move follows a Bloomberg report from a few weeks ago, which claimed that Tesla was offering discounts of up to ₹2 lakh on select Model Y variants. These price reductions were not announced publicly and were instead communicated during customer interactions and test drives. Tesla has not issued any formal statement confirming these discounts.
What you get with the Model Y in India
As of now, the Model Y is offered in India in two configurations. The rear-wheel-drive variant is rated for a WLTP-certified range of 500 km. It has a top speed of 201 km/h and accelerates from 0 to 100 km/h in 5.9 seconds. The long-range rear-wheel-drive version extends the WLTP range to 661 km, while retaining the same top speed. Its 0 to 100 km/h sprint time is slightly quicker, at 5.6 seconds.
