Tesla ‘carefully’ Tariff mixtures work in connection with the amiss relationship: CFO Vaibhav Taneyaja

Tesla India’s access is cautious, CFO Vaibhav Taneja said in the United States in connection with the fall of sales and tariff threats in the United States and the electric vehicle maker.

The tanky confirmed speaking with a profit call report The company works on expansion to India, adding that there will be a great market to enter the “big middle class”.

Nevertheless, India, at the same time, “a very harsh market”, which is imported to the country with 70% tariffs and about 30% luxury taxes, said that it can be expensive in the Tesla sold by India.

“Therefore, we were very careful not to understand when the right time … such things create a little tension we are trying to work,” he said.

India showed interest Tesla builds a base in the countryAlthough the country’s protectionist policy also introduced some obstacles to the household producer.

Teaneja’s statements come from Tesla CEO Elon Musk a few days The Prime Minister of India spoke with Narendra Modi On topics including technology and innovation cooperation.

Modi met with Musk, who caused Tesla’s plans for India in February. That month, Sources told CNBC-TV18 The company considered the country to import AWS from the Berlin plant in early April.

The India’s part has a government offered a new policy Home tariffs can see about 70% to 15% for firms planning to localize some production areas in the country.

Again, experts say that CNBC will be Tesla Pressures under the scale of the face priceThe company is likely to push for policy reforms.

However, the new tariffs placed on US trade partners, including American President Donald Trump, can build a cloud on potential negotiations between Tesla and New Delhi.

Washington applied 10% additional tariffs in India, but if they have a 9-day break in the 9th day without the US-Indian trade deal, they increased by 26%.

Vice President JD Vance met with Modi in India on Monday “Important” progress was held in trade talks between the two countries.

Tesla Reported disappointing the results of the first quarter Tuesday, including a decrease of 71% of the 20% annual discount and net income in car revenues.