Tesla's India Struggles, New Model Y, Robotaxi Stakes

0:00It's April 22nd. I'm Corey with the story. This is Durham News Today, driven by AI. Tesla has been hitting roadblocks in India, selling just 350 Model Weas since launching their last year with total orders around 600. 100. Now they're rolling out a new six-seater version of the Model Y, hoping to spark more interest in the growing electric vehicle scene. Heavy import tariffs, close to 100%, key prices guy high, making it tough to compete. Even after a recent U.S. India trade deal slashed duties on some American cars and bikes, electric vehicles got left out completely. Elon Musk has pushed hard for breaks on EV tariffs for years, but India's government wants Tesla to build factories locally instead. Musk traded barbs with local big wigs last year and amplified some heated posts which didn't help smooth the path. Tesla ditched plans for an Indian plan in a shipping cars from China while prepping first quarter earnings this week. They're axing Model S and Model X production to ramp up Optimus Humanoid robots aiming

1:03for a million a year eventually. Analysts at BNP Paraba see high stakes ahead with weak deliveries and robo-taxi progress lagging. They're sticking to an underperformed call at $280 a share, betting Tesla's AI pivot better deliver fast.