Why It Matters: Tesla's entry into the country marks a significant milestone for Musk, as the billionaire had been eyeing the Indian market for a while. With the debut, Tesla will initially sell the Model Y in India for $70,000 for the base-spec Rear-Wheel Drive variant.

In the first tangible inroads Elon Musk has sought for years in India, Starlink passed a final regulatory hurdle and Tesla opened its first India store.

Tesla has made its long-awaited entry into India with the opening of its first showroom — nine years after CEO Elon Musk first teased the move in April 2016 and following years of delays and shifting timelines in one of the world’s largest automotive markets.