'TAX-LA' in India': Netizens flood internet with memes after Tesla Model Y launches at Rs 67 lakh price tag
Social media rants about Tesla's car price range in India
According to the website, Model Y variants have launched with a price range of Rs 59.89 lakh and another at Rs 67.89 lakh. Hence, as per the social media rants, the price range of the cars has not sat well with the netizens, who have almost flooded the internet with reactions.
Netizens share mixed reactions on Tesla's Y Model launch in India
As soon as the official price range of Tesla's Y Model was revealed, it quickly grabbed the attention of netizens on the internet. One X (formerly called Twitter) user said, "Tesla Model Y to cost ₹67.89 lakh in India, double its $37,490 price in the US.😂"
Tesla has launched the Model Y in India at a price of ₹61 lakhThis model gets sold at ₹32 lakh ($37,490) in the USA and you will be paying tax of ₹29 lakh tax to the government in India during the purchase Thank you for your contribution in India's growth story pic.twitter.com/Vzn45oUrrw
Another said, "The Tesla Model Y costs ₹67.89 lakh in India, double its $37,490 price in the US. Me with 420 Rs in my bank account."
"EVs are supposed to shock with speed, not price. In India, the real shock is the cost. Tesla was for upper middle class—now only rich people can dream of it," one added.
Tesla Model Y to cost ₹67.89 lakh in India, double its $37,490 price in the US. 😂 pic.twitter.com/7O76SVe24X
"Tesla Model Y in India is ₹61 lakh out of which ₹29 lakh is tax making it double the US price."
Tesla Model Y in India is ₹61 lakh out of which ₹29 lakh is tax making it double the US price Nimala tai : pic.twitter.com/P28ABsBy3O
Another joked, 'Almost half of it is Tax. Instead of Tesla, it should be called 'TAX-LA' in India.
Price range of Tesla cars in India
According to a CNBC report, Tesla's Chief Financial Officer, Vaibhav Taneja, stated that a "70 per cent tariff on EV imports and about 30 per cent luxury tax" are also included in the price components in India.
Experts predict that rather than competing with regional EV manufacturers, Tesla will face off against luxury automakers like BMW in India.
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