Electric cars have moved from niche to mainstream in India, and Tesla’s compact SUV, the Model Y, has been a favorite among tech‑savvy buyers. Recently, the automaker announced a discount of up to Rs 2 lakh on the Model Y. For many, this offer raises questions about eligibility, the exact savings, and how it changes the buying decision. This post breaks down the discount, explains how you can take advantage of it, and looks at what it means for the overall value of the vehicle.
The Rs 2 lakh discount is applied directly to the on‑road price of the Model Y. It does not affect the battery warranty, after‑sales service, or any optional add‑ons. The offer is valid for the standard Long‑Range variant, which comes with a 75 kWh battery and a dual‑motor setup that delivers a range of about 500 km on a single charge under the WLTP cycle.
It is worth noting that the discount is not a rebate on the invoice price but a reduction in the price you see on the showroom floor. That means the savings are immediate and reflected in the final payment, making it easier to compare the cost with other electric SUVs.
Getting the Rs 2 lakh reduction involves a few simple steps. Tesla’s sales process in India is largely digital, but a physical visit to a showroom or a call to a local sales representative can help clarify any doubts.
It is advisable to keep a copy of the discount offer, as it may be referenced during the registration process with the Regional Transport Office (RTO).
Before the discount, the Model Y Long‑Range had an on‑road price of around Rs 69 lakh in major metros. With the Rs 2 lakh reduction, the cost drops to roughly Rs 67 lakh. This brings the price closer to that of the Hyundai Kona Electric and the Tata Nexon EV, which sit around Rs 32–34 lakh, though those models have smaller batteries and shorter ranges.
For buyers who prioritize performance and brand prestige, the Rs 2 lakh saving makes the Model Y a more attractive option. The reduced price also improves the cost‑per‑kilometre metric, especially when considering the lower electricity rates in India compared to petrol or diesel. Over a five‑year period, the savings on fuel can outweigh the higher initial cost, especially for users with a daily commute of 150–200 km.
Below is a quick snapshot of how the discounted Model Y stacks up against some popular electric SUVs in India. The figures are rounded and reflect the current on‑road prices as of this year.
| Model | Battery Capacity | Range (WLTP) | On‑Road Price (after discount where applicable) |
|---|---|---|---|
| Tesla Model Y Long‑Range | 75 kWh | ~500 km | ~67 lakh |
| Hyundai Kona Electric | 64 kWh | ~480 km | ~32–34 lakh |
| Tata Nexon EV | 30.2 kWh | ~312 km | ~32–34 lakh |
| MG ZS EV | 44 kWh | ~419 km | ~36–38 lakh |
While the Model Y remains the most expensive option, the discount narrows the gap between it and the more affordable rivals. Buyers who value a larger battery, faster acceleration, and Tesla’s autonomous features may find the price point justifiable.
Is the discount available for all variants? No, it is only for the Long‑Range model.
Can I combine the discount with other offers? Typically, discounts are exclusive, so you cannot stack them with other promotions.
What happens if I want to upgrade to the Performance variant later? The discount applies only at the time of purchase; upgrades would incur the full price.
Does the discount affect the resale value? The resale value is influenced by market demand and vehicle condition, not the initial discount.
The Rs 2 lakh discount on the Tesla Model Y is a welcome move for Indian buyers who have been waiting for a more affordable entry into the electric SUV market. It brings the price closer to that of other premium EVs, while still offering Tesla’s unique technology and performance. For those who have already committed to a Tesla or who are keen on the brand’s ecosystem, this offer makes the purchase a more practical choice.
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