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 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.

Tesla has described India as a very hard market and is carefully assessing the right time to make its entry into the country.