Tue Jul 15 06:40:00 UTC 2025: **News Article:**
**Tesla Finally Arrives in India, Opens First Showroom in Mumbai**
**Mumbai, India – July 15, 2025** – In a landmark moment for the Indian automotive industry, Tesla, the electric vehicle giant led by Elon Musk, officially entered the Indian market today. The company inaugurated its first showroom in Mumbai’s Bandra Kurla Complex (BKC), marking the beginning of Tesla’s presence in the world’s third-largest car market. Bookings for Tesla vehicles are now open.
The highly anticipated launch comes after years of negotiations and regulatory hurdles. Tesla, a company with a market capitalization exceeding $1 trillion, is a major player in the U.S. electric vehicle market. In 2024, Tesla generated revenues of $97.7 billion.
While Elon Musk is synonymous with Tesla, the company was founded by engineers Martin Eberhard and Marc Tarpenning on July 1, 2003, and was originally named Tesla Motors. Musk joined as an investor in 2004, leading the company’s initial funding rounds and eventually becoming CEO.
The entry into India comes on the heels of positive market performance for Tesla. Tesla shares closed at $316.90 on the stock exchange, up 1.08% prior to the news.