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Explained: What Held Up Tesla's India Launch, And Are Things Moving Now?

Explained: What Held Up Tesla's India Launch, And Are Things Moving Now?

NDTV
Wednesday, June 21, 2023 7:13 AM GMT

Last month, Musk said Tesla would probably pick a location for a new factory by the end of this year

Elon Musk's meeting with Prime Minister Narendra Modi in the US today and his assurance that Tesla Motors will set up shop in India "as soon as humanly possible" has revived the big question: when will that happen?

What Did Musk Say?

Stressing that he is a "fan" of Prime Minister Modi, the Tesla CEO recounted his the Prime Minister's visit to the Tesla factory in California in 2015. "We have known each other for a while. I am incredibly excited about the future of India. I think India has more promise than any large country in the world."

On a specific query on the timeline of Tesla coming to India, he said, "I am confident Tesla will be in India and will do so as soon as humanly possible. Prime Minister Modi really cares about India because he is pushing us to make significant investment in India, which is something that we tend to do. We just have to figure out the right timing."

Read full story on NDTV
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