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High Tariff A Major Roadblock For Tesla’s India Entry: CFO


SUMMARY

Tesla’s CFO Vaibhav Taneja called India market a “very hard market” for the EV maker

Taneja pointed out that the tariff imposed on the company’s cars doesn’t bring any benefit to Tesla but the “local government”

The tariff situation has led Tesla to carefully evaluate the right timing to initiate its India entry

Amid speculations about its India entry, US-based EV giant Tesla has once again raised concerns about the high import tariffs. Calling the Indian…



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