Tesla Faces Demand Slump in India, Rolls Out Select Discounts on Model Y
The Tesla Model Y is facing sales challenges in India. Due to lower-than-expected demand, the company is offering discounts of up to ₹2 lakh to select customers. One-third of the approximately 300 units imported last year remain unsold. The ₹60 lakh premium price and lack of local support are pushing customers toward alternatives like BMW and BYD, leading to low registrations despite bookings.
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