Tesla Introduces EMI Plans and INR 3 Lakh Exchange Bonus to Drive India Sales

Tesla Introduces EMI Plans and INR 3 Lakh Exchange Bonus to Drive India Sales
Tesla introduces EMI plans and INR 3 lakh exchange bonus to drive India sales

To combat the country's dismal sales performance, electric vehicle (EV) giant Tesla India announced a number of new efforts, including an EMI programme, on February 3. Electric vehicles are replacing petrol and diesel vehicles, and Tesla is giving a 3 lakh Indian rupee (INR) exchange bonus to clients who make the move.

More importantly, the company said that the Model Y may now be purchased with a down payment of only INR 6 lakh and monthly instalments starting at INR 49,000. This move thus reduces the barrier to entry for luxury electric automobiles. In September of last year, Tesla India began delivering Model Ys. According to the electric vehicle sales figures made public by FADA, 225 units were sold by Tesla India last year.

Benefits for the Customers

Customers can save up to 20,000 Indian rupees (INR) every month by upgrading to the Tesla Model Y. Lower fuel and maintenance expenses will make this possible. Accordingly, Tesla stated in a statement that it will highlight the monetary advantages of EVs over the long run and the reduced overall cost of ownership.

Elon Musk's Tesla is now available to mid-segment SUV and car buyers with an effective ownership cost starting at INR29,000 per month, according to the business. Retail sales of electric passenger vehicles increased to 176,817 units in 2025, up 77% from 99,875 units in the previous calendar year.

Elon Musk’s xAI Restricts Grok Image Generation

Following weeks of consumer and political outrage as well as regulatory probes, Elon Musk's xAI said late on 14 January that Grok will no longer be able to produce sexualised photos of actual people on its social network X based on user inputs. In a tweet released through the X Safety account, xAI stated, "We have put in place technological measures to prevent the Grok account from allowing the editing of images of real people in revealing clothing such as bikinis." "All users, including subscribers with paid plans, are subject to this restriction." How the whole outage forced the operators to change the whole operations lets explore.

The disclosure follows California Attorney General Rob Bonta's statement that his office is looking into Silicon Valley-based xAI for what appears to be "large-scale production of deepfake nonconsensual intimate images". In a post on X, California Governor Gavin Newsom—who frequently supports Musk and his businesses—said, "xAI's decision to create and host a breeding ground for predators to spread nonconsensual sexually explicit AI deepfakes, including images that digitally undress children, is vile."

Quick Shots

•Tesla India launched new EMI and exchange schemes on February 3 to boost sales.

•Company introduced a INR 3 lakh exchange bonus for petrol and diesel vehicle owners.

•Model Y now available with a down payment of INR 6 lakh.

•Monthly EMI starts at INR 49,000, lowering entry barriers for buyers.

WIDGET: questionnaire | CAMPAIGN: Simple Questionnaire

Must have tools for startups - Recommended by StartupTalky

Read more

Daily Indian Funding Roundup & Key News - 3rd February 2026

Daily Indian Funding Roundup & Key News - 3rd February 2026: Loop AI Raises $14M Series A, Mindcase Secures Seed Funding & More

Today, India’s startup scene is active, with several tech startups raising funds in AI, market intelligence, and enterprise SaaS. Key business updates included acquisitions, IPO filings, VC exits, and fintech profit growth, highlighting ongoing momentum and change across industries. Daily Indian Funding Roundup - 3rd February 2026 CompanyAmountRoundLead investor(

By StartupTalky News
JioBlackRock Investment Advisers Launches ‘Personalised Investment Advice’ to Democratise Wealth Management for the People of India

JioBlackRock Investment Advisers Launches ‘Personalised Investment Advice’ to Democratise Wealth Management for the People of India

Jio BlackRock Investment Advisers Private Limited (JioBlackRock Investment Advisers), a 50:50 joint venture between Jio Financial Services Limited (“JFSL”) [BSE, NSE: JIOFIN] and BlackRock Inc. [NYSE: BLK], has launched JioBlackRock Personalised Investment Advice. This digital advisory platform aims to transform Indians from savers to informed investors through guided advice

By StartupTalky News