July 19, 2025: Tesla's first preferred financer in India has been Kotak Mahindra Prime Limited (KMPL). Customers will be able to utilize Tesla's India website and mobile application to directly investigate specially curated financing options for electric vehicles as a result of the partnership. This is the first time Tesla has granted "preferred" status to a financier in India, providing buyers with an integrated and seamless buying experience. The launch of Tesla's Model Y and the opening of a new showroom in Mumbai marked the company's official entry into India. This has sparked excitement in the electric vehicle (EV) industry. Although Tesla's pricing has been the subject of some online discussion, the move is widely regarded as a significant milestone for the EV industry in India. Experts in the field believe that Tesla's presence in the country will encourage innovation and raise consumer expectations, even if it is not yet targeted at the mass market. The CEO of KMPL says, "Proud to support Tesla's entry": Shahrukh Todiwala, Managing Director and CEO of KMPL, stated, "Kotak Mahindra Prime is proud to support Tesla's entry into the Indian market." “Tesla has redefined mobility globally, and its entry into India comes at a time when the Indian automobile industry is poised for a green revolution. Through creative financing, KMPL has always championed sustainable mobility. Our commitment to making it possible for a more sustainable future is strengthened by this partnership. On the road in Mumbai, the base mid-range model currently costs Rs 61.07 lakh. With a Rs 20 lakh down payment, a 5-year loan term, and a fairly standard interest rate of 9%, your monthly payment would be approximately Rs 85,259 if you choose to buy it with an EMI. You can also modify these terms on Tesla's website to find an EMI plan that meets your requirements.