The internet and social media has been buzzing with Tesla updates ever since the American electric vehicle (EV) giant officially set foot in India with its first shop in Mumbai. The company also launched its first product in the country — Model Y — at a starting price of Rs 59.89 lakh (ex-showroom).

Tesla has officially arrived in India with the launch of its best-selling electric crossover, the Model Y. Available in two rear-wheel-drive (RWD) versions, Standard and Long-Range, the EV starts at ₹59.89 lakh (ex-showroom), with bookings now open in select metro cities.

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.

After years of anticipation, the Tesla Model Y is finally on sale in India. Although there were hopes that the American EV giant would manufacture models in India, the Model Y has arrived here as a full import.

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,

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