With its sales cratering in the West, the electric vehicle giant is making a high-stakes pivot to the world's third-largest auto market.

Elon Musk had announced pre-bookings for its Model 3 for customers in countries outside North America, including India.

Tesla will open its first India showroom in Mumbai next week, having imported $1 million worth of cars and merchandise, marking its entry into the world's third-largest car market despite CEO Elon Musk's complaints about high import tariffs.