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."
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Quick Shots |
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•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. |
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