Tesla puts India entry plan on hold after failing to secure lower import taxes

Tesla puts India entry plan on hold after failing to secure lower import taxes

A Tesla Motors Model X electric sports-utility vehicles is seen on stage a presentation in Freemont, California September 29, 2015. REUTERS/Stephen Lam

Tesla Inc has put on hold plans to sell electric cars in India, abandoned a search for showroom space and reassigned some of its domestic team after failing to secure lower import taxes, three people familiar with the matter told Reuters.