Tesla had been in talks with the Indian government over lower import tariffs.
According to a media report, Tesla’s plans to sell its EVs in India have been put on hold. The company has also abandoned its search for showroom space and has reassigned some of its domestic team.
Tesla had been in talks with the Indian government over lower import tariffs. These discussions had been ongoing for more than a year. It is said that with the team failing to secure a tax break, Tesla had to cancel its plan to enter the Indian market for the time being.
The Indian government was pushing Tesla to set up a local manufacturing unit. But, before committing to this, Tesla wanted to first test demand by selling EVs imported from its production hubs in the United States and China.
Neither Tesla nor the Indian government has issued a statement confirming these reports.
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