Tesla Inc. opened its first India showroom, showcasing Model Y cars with a starting price of nearly $70,000, as Elon Musk’s electric-vehicle maker looks to tap new markets and offset slowing sales where it’s already well established.

Tesla has launched its Model Y in India, priced at ₹60 lakh, amid high import tariffs. While the entry is strategic, analysts believe the immediate impact on sales and stock may be limited, but long-term potential exists in India's growing EV market.

Elon Musk’s announcement that he plans to form a new political party came easily, with the billionaire simply posting his intentions on his social media platform, X. Now comes the hard part. If the world’s richest man seriously pursues his goal of standing up what he calls the America Party,