$TSLA shares rise as the company accelerates its expansion in India, including a Supercharger network rollout in major cities. This move positions Tesla to capture early market share in a rapidly growing auto market, boosting investor confidence.
BREAKING: Tesla has opened its second showroom in India today, located in Delhi. 🇮🇳 https://t.co/o8HeggBRy8
$TSLA is up 1.8% pre-market 👀 https://t.co/wpKxU39kVG
Tesla Inc. inaugurated its second showroom in India on Monday, opening the doors of a 2 p.m. local-time launch at the Worldmark 3 complex in Aerocity, New Delhi, adjacent to Indira Gandhi International Airport. The outlet, described by the company as an “experience centre,” showcases the Model Y in multiple colour options and follows the company’s debut Indian store at Mumbai’s Maker Maxity Mall on 15 June. The Delhi site extends Tesla’s retail footprint into the National Capital Region less than two months after entering the market, underscoring Chief Executive Officer Elon Musk’s plan to build a sales and service network ahead of potential vehicle imports or local assembly. A Tesla official said the first Indian service centre is scheduled to open in Mumbai in September, while the company is also preparing a fast-charging station and an approved collision-repair facility in Bengaluru. Investors welcomed the accelerated rollout; Tesla shares rose about 1.8% in pre-market U.S. trading on Monday amid expectations that early moves in India could secure market share in one of the world’s fastest-growing auto markets.