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Tesla is ‘carefully’ working on its India entry amid tariff concerns, says CFO - TL;DR CNBC

Tesla is ‘carefully’ working on its India entry amid tariff concerns, says CFO

Publishing timestamp: 2025-04-23 01:56:57


Summary

Tesla's CFO confirmed plans to expand into India, citing it as a great market due to its big middle class. However, the company is cautious due to tariff concerns. India has shown interest in Tesla setting up base in the country, but protectionist policies and potential tariffs pose obstacles. Tesla reported disappointing first-quarter results.


Sentiment: MIXED

Tickers: TSLA

Keywords: tarifftesla incindiatechnologybusiness newsautosbreaking news: technology

Source: https://www.cnbc.com/2025/04/23/tesla-carefully-working-on-india-entry-amid-tariff-concerns-cfo-vaibhav-taneja.html


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