So even if the "capabilities" may be comparable between the two systems, the amount of supervision they require is not, so I don't think they should use the term. It may be "lane-keeping cruise control" isn't nearly as sexy, but it doesn't establish unrealistic expectations which get people killed.
For unmanned aircraft, autoland is an safety feature. After loss of link, an autopilot might be configured to land at a designated location, rather than just circling until it runs out of fuel and drops out of the sky. Though admittedly, crashing in a safe place is less serious when the vehicle has no people in it.
The Tesla autopilot needs much closer supervision than any of the autopilots I've worked with. That's more a result of its domain than of its sophistication, but it still makes me very uncomfortable with the name.
I agree, Tesla shouldn't call it autopilot, call it Highway Assistance or something.
Or even, at this point, I don't see why it should even exist, if it fails on basic situations.
Additionally...Autopilot in planes is hands off. The pilots look at the gauges but they're not actively maintaining their grip on the controls.
First Cat III autoland aircraft was the Shorts Belfast freighter. Sud Caravelle and HS Trident airliners started at lower categories and worked up to III.
I think that Tesla's Autopilot function is comparable to planes. That's probably how they will justify it. However there might be a legitimate point in that people don't have that kind of understanding of what "Autopilot" means.