Tesla Secures Prime Mumbai Showroom Space

• Tesla has leased a 4,003-square-foot office space in Mumbai's Bandra Kurla Complex (BKC).
• The lease agreement is for five years with a monthly rent of Rs 35.26 lakh and a 5% annual escalation.
• This move follows Elon Musk's meeting with Prime Minister Narendra Modi, signaling Tesla's serious entry into the Indian market.
• Tesla is also exploring showroom locations in New Delhi and has listed 20 job openings across India.
• The Model Y is expected to be Tesla's first offering in India, with a launch likely in the second half of 2025.

Source: Business News India, Times Now News, Hindustan Times