Elon Musk, the owner of SpaceX and Tesla, has rescheduled his trip to India. He is now scheduled to visit India later this year. replying to a microblogging site post
People familiar with the situation said that Musk will respond to inquiries over Tesla's first-quarter results during a conference call in the US on April 23.
Musk was scheduled to visit India on April 21–22.
Elon Musk was scheduled to visit India on April 21 and 22, according to earlier reports. He will also meet with Prime Minister Narendra Modi at this time. In addition, the CEO of Tesla and his group will meet with representatives of the government and business community.
Anticipating meeting Prime Minister Narendra Modi: Musk
Musk posted something on a social media network.
Musk and Modi have already had two meetings; this will be Musk's first trip to India. During this time, Musk may also reveal the location of Tesla's Indian production facility. Musk and Modi have already met twice. They first crossed paths in 2015 at the California Tesla facility. Following this, in June 2023, they both met in New York.
Musk intends to invest $2–3 billion in India.
Elon Musk is expected to declare his intention to invest $2–$3 billion in India, according to CNBC-TV18. In addition to producing automobiles for the Indian market, Tesla also intends to export them outside.
In addition, Musk may shortly launch satellite-based broadband services in India. According to CNBC-TV18, Starlink is nearing the end of the regulatory clearance process and should receive its license shortly.
Like other nations, Musk stated that India ought to have electric vehicles.
This week, Musk stated on X that India ought to have electric vehicles, just like every other nation. It is now imperative that Tesla electric cars be made available in India. Musk is visiting India during the country's upcoming elections. The demand for EVs has currently decreased in China and the United States. Chinese automakers compete with Tesla as well.
