Musk greets Modi, hints at Tesla's entry

8 months ago 11

NEW DELHI: Tesla founder Elon Musk on Friday congratulated

Narendra Modi

on his alliance's

election victory

and indicated his interest to work in the country. "Congratulations Narendra Modi on your victory in the world's largest democratic elections! Looking forward to my companies doing exciting work in India," Musk said on X.
The comments came weeks after Musk postponed his India visit, where he was expected to discuss investments for a new Tesla facility to produce lower-cost vehicles for domestic market and exports.

The trip was announced by Musk after the Modi govt unveiled a new policy, allowing EV players to import cars at a lower duty but commit to invest within three years and source components locally. Musk had cited his other commitments to postpone his visit, but days later flew to China.
Officials, however, said that he also wanted the Indian govt to address his pending proposal for his satellite communication venture Starlink.

Article From: timesofindia.indiatimes.com

Read Entire Article

Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request