Tesla unveils Model Y L in India at competitive price

Tesla held an unveiling event for its Model Y L in India on Monday. Orders for the vehicle are now open, with deliveries scheduled to begin this summer. The Model Y L Premium AWD starts at 61,99,000 Indian Rupees, approximately $66,600 USD.

Tesla unveiled the Model Y L at an event in India on April 28. The new model, a Premium AWD variant, is priced at 61,99,000 Indian Rupees, equivalent to about $66,600 USD. This pricing positions it roughly 9% cheaper than the smaller Model Y Premium RWD variant available in the market. Orders opened immediately following the unveiling, with deliveries set to start this summer. The introduction marks Tesla's expansion of its lineup in India, targeting buyers with a longer-range option at a reduced relative cost compared to the standard Model Y Premium RWD.

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Photorealistic rendering of Tesla's upcoming compact SUV on a Chinese factory line with Elon Musk approving the design.
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Tesla developing compact affordable SUV amid strategy shift and sales slump, Reuters reports

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Tesla is developing a new compact electric SUV priced below the $36,990 Model 3 and measuring 168 inches (4.3 meters) long—shorter than the Model 3 (185.8 inches) and Model Y (188.7 inches)—according to Reuters citing four anonymous supplier sources. The all-new design awaits CEO Elon Musk's production approval and may launch first in China before expanding to U.S. and German factories, signaling a pivot back to core vehicles after a focus on robotaxis and humanoid robots.

A YouTuber and an automotive reviewer have tested the entry-level Tesla Model Y Standard, priced at around $39,990 or €39,990, highlighting its compromises compared to higher trims while praising its value for budget-conscious buyers. The model, introduced in October, features reduced equipment but retains core Tesla usability. Both testers found it competent for everyday driving, though it lacks some premium features.

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Following the recent introduction of a new entry-level all-wheel-drive Model Y, Tesla praised the electric SUV's cost-effectiveness on X, calling it 'incredible bang for buck.' The post was made on February 14, 2026.

Tesla introduced a Dual Motor All-Wheel Drive base Cybertruck at $59,990—a $20,000 cut from the $79,240 premium AWD trim—available only until February 28, 2026, alongside a Cyberbeast reduction to $99,240. Amid 2025 sales of 20,237 units (down 48% YoY), strong demand has pushed U.S. deliveries to April 2027, as CEO Elon Musk noted future pricing will depend on this period.

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Rivian has unveiled details of its upcoming R2 electric SUV, priced starting at $45,000, featuring advanced AI capabilities like Universal Hands-Free to compete with Tesla's Full Self-Driving. The R2 offers over 300 miles of range and strong off-road performance, positioning it as a more versatile alternative to the Tesla Model Y. Production is set to begin in 2026, with a full reveal on March 12.

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