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Tesla (TSLA) Discounts Model Y in India as High Import Tariffs Weigh on Sales Momentum

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The Story

News Summary

  • Tesla's Model Y launch in India faces weak demand due to high import tariffs, leading to targeted discounts and inventory buildup, while competitors like BYD and Mercedes-Benz gain traction with affordable locally assembled EVs.
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TSLA price history

360.81 -13.97% over the displayed period

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