Tesla launched on Tuesday its Model Y at about $70,000 in India, a significant markup relative to its other major markets, reflecting the country's high tariffs on electric vehicle imports which CEO Elon Musk has long-criticised.

Tesla debuts in India with a whopping $79,000 Model Y variant - Tesla deliveries in India are estimated to start from third quarter of year

BYD undercuts Tesla quite significantly. The Sealion 7 Premium variant is priced at ₹ 48.90 lakh, while the high-performance AWD version costs ₹ 54.90 lakh (both ex-showroom). BYD’s aggressive pricing strategy makes the Sealion 7 a compelling alternative for those seeking a feature-rich and high-performance EV without crossing the ₹ 60 lakh mark.