Tesla is making a big push in India with its new Model Y 'Switch & Save' program and financing offer. The Indian market has been a challenge for Tesla, but the company is determined to make a splash. With the new trade-in offer, buyers can get a substantial 3 lakh rupees (C$4,530/US$3,312) in addition to the value of their old fossil-powered car, which can be used to purchase a Tesla Model Y (Rear-Wheel Drive). The Spinny platform even offers an extra 25,000 rupees (C$377/US$276) in exchange bonus. To sweeten the deal, Tesla is introducing a financing plan that allows buyers to drive away with just a 6 lakh rupees (C$9,060/US$6,624) deposit and monthly payments starting from 49,000 rupees (C$740/US$540). This offer includes a free Wall Connector for home charging, making it an attractive package for potential buyers. The Tesla Model Y starts at 59,89,000 rupees (C$90,400/US$66,120) in India, but despite its competitive pricing, Tesla sold only 225 electric vehicles in 2025 due to high import duties. The company opened showrooms in Mumbai and New Delhi, but sales were slow after the initial Model Y deliveries in September. This new initiative could be a turning point for Tesla in India, but only time will tell if it will be successful. Are you considering buying a Tesla? If so, use our referral link to get three months of Full Self-Driving (FSD) and let us know if we helped make your decision!
