Tesla will put India’s entry plan on hold after a tariff impasse, the report said

Tesla has withheld plans to sell electric vehicles in India, abandoned the search for showroom space, and was unable to secure a reduction in import taxes, so it relocated part of its domestic team. The Indian government is urging Tesla to promise local manufacturing before lowering tariffs.
Check the tweet:
Exclusive Tesla puts India’s entry plan on hold after tariff impasse-sources https://t.co/SRuAbagJnBpic.twitter.com/l2IBMpqpP7
— Reuters (@Reuters) May 13, 2022
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https://www.latestly.com/socially/world/exclusive-tesla-puts-india-entry-plan-on-hold-after-deadlock-on-tariffs-sources-latest-tweet-by-reuters-3702918.html Tesla will put India’s entry plan on hold after a tariff impasse, the report said