Tesla stops short of committing to India plant in renewed talks

A delegation of Tesla Inc. executives to India discussed the possible local sourcing of components and incentives but stopped short of proposing to build vehicles in the country, people familiar with the matter said, after the electric carmaker reopened dialog with the government after a year-long impasse.

While the automaker will eventually look to establish a domestic factory to tap India’s vast consumer market, it hasn’t yet presented a formal plan, the people said, asking not to be identified because the matter is private. The executives reiterated their concern about India’s high tariffs on imported cars during this week’s meeting, but the government doesn’t plan to change its tax regime to accommodate one automaker, one of the people said.