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Musk Debuts $70,000 Tesla in India to Boost Market as Sales Slow

Security outside the new Tesla store at Bandra Kurla Complex in Mumbai on July 15.Photographer: Dhiraj Singh/Bloomberg

Tesla Inc. opened its first India showroom, showcasing Model Y cars with a starting price of nearly $70,000, as Elon Musk’s electric-vehicle maker looks to tap new markets and offset slowing sales where it’s already well established.

A 4,000-square-foot space in Mumbai’s financial district of Bandra Kurla Complex opened its doors on Tuesday with two Model Ys on display. Bookings are open for the rear-wheel drive variants of the Model Y which starts at 5.99 million rupees ($69,757) while the longer range variant is priced at 6.8 million rupees, Tesla’s website showed.