Tesla is cautiously navigating an entry into India, CFO Vaibhav Taneja said in an earnings call, as the EV maker faces falling sales and tariff threats.

Tesla’s Chief Financial Officer, Vaibhav Taneja, expressed concerns regarding India’s 100% import tariffs on vehicles, which he believes create anxiety among potential customers. This high tariff rate has been identified as one of the highest globally,

Tesla sees India's 100% import tariffs on cars making customers anxious, and the carmaker is still assessing when to enter the "very hot" market even as those concerns linger, its chief financial officer said on Tuesday.