Elon Musk's Tesla may launch EV sales in India by April, prices likely to start at ₹21 lakh: Report

Tesla CEO Elon Musk is likely to launch the company's retail operations in India by April this year, starting with imports from its Berlin plant, CNBC-TV18 reported on Wednesday, citing sources familiar with the matter.

Showroom locations have been identified in Mumbai’s BKC business district and Aerocity in New Delhi. The initial plan includes introducing an electric vehicle priced under $25,000 (around ₹21 lakh) for the Indian market.

While Tesla has not yet committed to manufacturing its EVs in India, it plans to increase component sourcing from Indian OEM suppliers. According to CNBC-TV18, this sourcing is expected to cross $1 billion by 2025.