Planning to buy a Tesla? Here’s how you can own Model Y for Rs 49,000/month

By Sandy Verma On Jan 23, 2026

In a bid to make the Tesla Model Y more attractive in India, the American carmaker has announced a new finance scheme that significantly lowers the monthly ownership cost. The company has now introduced EMI options that start at Rs 49,000 per month, with a down payment of Rs 6 lakh.The Model Y is currently sold in India in two variants: Rear-Wheel Drive and Long Range Rear-Wheel Drive. Prices stand at Rs 59.89 lakh and Rs 67.89 lakh, ex-showroom, respectively. Tesla reportedly sold 227 units in India last year from an initial batch of 300 vehicles. With the new finance scheme, Tesla is attempting to make the Model Y more accessible. While the company has not revealed the interest rate linked to the EMI plan, the final monthly payout will depend on the loan tenure and lender terms.

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In terms of performance, the standard rear-wheel-drive Model Y offers a WLTP-certified range of 500 km. It can sprint from 0 to 100 kmPh in 5.9 seconds and has a top speed of 201 kmPh. The long-range version extends the WLTP range to 661 km, with a slightly quicker 0 to 100 kmPh time of 5.6 seconds, while retaining the same top speed.The company also has recently offered a significant Rs lakh discount on this electric car. By combining a Rs 2 lakh discount with lower monthly EMIs, Tesla is clearly aiming to reignite interest in its only India-bound model. Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X.