Tesla Struggles With India's Roads As It Confuses Tuk-Tuks For Motorcycles - Tesla (NASDAQ:TSLA)

Core Insights - Tesla Inc. is facing challenges in the Indian market, particularly with its Full Self-Driving (FSD) system under scrutiny due to an ongoing NHTSA probe affecting 2.88 million vehicles [1] Group 1: Tesla's Operations in India - Tesla's sole offering in India is the Model Y, available in Standard and Long-Range versions, priced at approximately $67,500 and $76,600 respectively [3] - The company does not currently offer FSD features in India, but customers can purchase the FSD package for an additional INR 600,000 (approximately $6,700) [4] - Sales in India have been disappointing, with over 600 orders for the Model Y against a utilization quota of 2,500 cars [5] Group 2: Autopilot and Market Adaptation - A recent video highlighted that Tesla's Autopilot system failed to recognize tuk-tuks in Mumbai, mistaking them for motorcycles, indicating a need for better software calibration for local road conditions [2] - CEO Elon Musk has expressed confidence in the FSD system's capabilities, suggesting that it could spread rapidly and that existing cars could gain self-driving features through software updates [6] Group 3: Broader Market Performance - Tesla's sales in China have declined nearly 10% in October, with the Shanghai Gigafactory selling over 61,497 units of the Model Y and Model 3, marking a nearly 33% drop in sales [7]