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India's 100% Car Tariffs Make Customers Anxious, Tesla Says
Hindustan Times West UP
|April 24, 2025
Tesla sees India's 100% import tariffs on cars making customers anxious, and the carmaker is still assessing when to enter the "very hot" market even as those concerns linger, its chief financial officer said on Tuesday.
NEW DELHI:
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 finalized some showroom space in India and posted more than two dozen jobs, signaling it is getting closer to a launch. Commercially available custom records show that in March, Tesla imported a Model Y car to India from Germany at a shipment value of $46,000.
This story is from the April 24, 2025 edition of Hindustan Times West UP.
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