Tesla has opened its first showroom in India and customers are lining up to flaunt its Model Y in their driveway. But will Elon Musk’s company manage to snatch a sizable share from incumbents, or will the initial euphoria die down?

With delivery estimated to start from the third quarter, Tesla will drive on to India's busy roads, targeting a niche premium EV segment that accounts for just 4% of overall sales in the world's third-largest car market.

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.