New Delhi, March 1 -- Elon Musk-led electric vehicle company Tesla has finalised a deal to open its first showroom in India at Mumbai's posh Bandra Kurla Complex, according to a report in the Times of India. The Tesla showroom will reportedly occupy 4,000 square feet of space on the ground floor of a commercial tower in BKC. Elon Musk's company is said to be paying one of the highest rents for commercial space at Rs.900/sq ft, or around Rs.35 lakh per month.

Tesla is said to have finalised a five-year lease in BKC and the company is also reportedly working on opening a second showroom in Delhi's Aerocity.

Notably, the finalisation of the lease comes just two weeks after Musk met Prime Minister Narendra Modi during the latter's visit to ...