Tesla is ‘carefully’ working on its India entry amid tariff concerns, says CFO
3 Articles
3 Articles
‘India a very hot market but...’: Elon Musk-led Tesla says 100% car tariffs make customers anxious
Elon Musk-led Tesla views India as a promising market but is concerned about the 100% tariffs on imported automobiles, which create customer anxiety. Despite securing showroom locations and advertising job positions, the company is carefully evaluating the timing of its entry.
Tesla Says India's 100 Percent Car Tariffs Make Customers Anxious
Tesla has long wanted to sell in the world's third-largest car market, but high tariffs, which its chief Elon Musk has said are among the steepest in the world, have been a deterrent. Even so, Tesla has in recent weeks finalised some showroom space in India and posted more than two dozen jobs, signalling it is getting closer to a launch
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