Tesla Faces Unexpected Hurdles in India, Offers Lakhs in Discounts Amid Slow Sales
Cars
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News18•16-01-2026, 12:40
Tesla Faces Unexpected Hurdles in India, Offers Lakhs in Discounts Amid Slow Sales
- •Tesla entered the Indian market last year with high hopes but has not received the anticipated response.
- •The company is experiencing order cancellations and has an inventory of about 100 unsold Model Y SUVs from a batch of 300.
- •To clear stock, Tesla is offering discounts of up to 2 lakh rupees (approx. $2,200) on some variants.
- •High import taxes (up to 110%) and increasing global competition, especially from BYD, are challenging Tesla's growth.
- •Indian buyers are opting for cheaper alternatives like BMW iX1 or feature-rich options like BYD Sealion over Tesla Model Y.
Why It Matters: Tesla struggles with slow sales and high inventory in India, leading to significant discounts on its vehicles.
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