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

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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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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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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