Tesla explores entering India, facing high tariffs and taxes that could double car prices.

Tesla's CFO, Vaibhav Taneja, confirmed the company is exploring entering the Indian market due to its large middle class but faces significant hurdles, including a 70% tariff on EV imports and a 30% luxury tax, which could double Tesla car prices. India has shown interest in Tesla setting up locally and has proposed lowering EV tariffs to 15% for manufacturers. However, recent U.S. tariffs on India may complicate negotiations.