Published on: 2025-08-14 10:05:04
Tesla is cautiously navigating an entry into India, CFO Vaibhav Taneja said on Tuesday in the U.S., as the electric vehicle maker faces falling sales and tariff threats. Speaking on an earnings call, Taneja confirmed reports that the company is working on an expansion into India, adding that it would be a great market to enter, thanks to its "big middle class." Nevertheless, India is also "a very hard market," with EV imports into the country subject to a 70% tariff and about 30% luxury tax, h
Keywords: country india said taneja tesla
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