New Delhi, April 25: Elon Musk’s early awaited visit to India was scheduled from April 21 to 22 , when the Tesla and SpaceX CEO would likely announce his mega investment plans in the Indian market. Elon Musk was going to meet India’s Prime Minister Narendra Modi to discuss Tesla’s entry into the market and Starlink’s internet services. Elon Musk’s Visit to India has been one of the most anticipated since PM Narendra Modi’s government changed the Electric Vehicle Policy on March 15, which promised to offer incentives and opportunities to attract investment from global EV companies.
According to the latest report from Business Standard, Tesla CEO Elon Musk postponed his India trip and will likely visit the country later this year. Musk announced that he postponed his visit to India due to “heavy Tesla obligations” and said that he would look forward to coming to India later in 2024. However, the tech billionaire did not confirm when he would likely visit India to meet PM Narendra Modi and begin discussing the investment. Elon Musk Visit to India: Tesla Looking for First Showroom in India With Mumbai or Delhi Intro Consideration, Says Report.
Elon Musk Postponed India Visit; Check Confirmation:
Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year.
— Elon Musk (@elonmusk) April 20, 2024
Elon Musk Visit to India: Investment, Prospects and Scope
Tesla CEO Elon Musk tweeted about coming to India on April 10 and said he looked forward to meeting Prime Minister Narendra Modi. He was expected to announce an investment of $2 to $3 billion in India and also discuss entering the automobile, particularly the EV market. Tesla CEO Elon Musk was also expected to pay a visit to Indian startups and space companies. The two days were going to be packed for him as he was going to attend to many people and organisations. Tesla Layoffs: Elon Musk-Run Tesla Announces To Lay Off Over 6,000 Employees From Texas and California; Check Details To Know Why.
There were also rumours that Elon Musk Would Come to Gujarat to scope opportunities for setting up the Tesla manufacturing plant. One source on X, DogeDesigner (@cb_doge), said that Tesla had been looking for a location where the company could set up its first showroom. The rumoured locations were Mumbai and Delhi.
(The above story first appeared on LatestLY on Apr 25, 2024 05:45 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
