Tesla(US:TSLA) Zhi Tong Cai Jing·2025-11-04 09:08Group 1 - Tesla has appointed Sharad Agarwal as the new head of its India operations, marking a shift in strategy after disappointing sales in the world's most populous country [1][2] - Agarwal's role will focus on revitalizing Tesla's efforts in India, which have not met market expectations, with a more localized leadership approach compared to previous remote management [1][2] - The company aims to target luxury vehicle buyers by leveraging Agarwal's extensive experience in high-end automotive sales, particularly in the Indian luxury market [2] Group 2 - Since launching sales in India in mid-July, Tesla has received only around 600 orders, which is significantly lower than its global delivery rate, with the number slowly increasing to over 800 by October [3] - High import tariffs have inflated the price of Tesla's entry-level Model Y to approximately 6 million rupees (about $67,575), far exceeding the typical price range of mainstream electric vehicles in India, which is around 2.2 million rupees [3] - Currently, electric vehicles account for only 5% of total car sales in India, highlighting the challenges Tesla faces in penetrating this market [3]