टेस्ला दायित्वों की आवश्यकता...": एलोन मस्क ने भारत दौरा क्यों स्थगित किया

टेस्ला दायित्वों की आवश्यकता...": एलोन मस्क ने भारत दौरा क्यों स्थगित किया

Tesla Obligations Require...": Why Elon Musk Postponed Visit To India

Elon Musk postpones his trip to India due to heavy Tesla obligations, intending to visit later in the year.

  • National News
  • 91
  • 20, Apr, 2024
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Sampda Gupta
  • @SampdaGupta

Tesla Obligations Require...": Why Elon Musk Postponed Visit To India

Tesla CEO Elon Musk has announced the postponement of his planned trip to India due to "very heavy Tesla obligations." Originally scheduled to begin imminently, the trip would have seen Musk meeting with Indian Prime Minister Narendra Modi and unveiling investment plans for his companies, Tesla and SpaceX. In a statement made on [date], Musk expressed regret over the delay, stating, "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." Despite this setback, Musk affirmed his enthusiasm for visiting India in the near future. Musk's visit was highly anticipated, with reports suggesting that he could have arrived in India as early as April 21. The tech mogul had previously expressed his eagerness to meet with Prime Minister Modi, following a meeting between the two in the US last June. During that meeting, Musk had reassured Modi of Tesla's intent to enter the Indian market "as soon as humanly possible." One of the key highlights of Musk's trip was expected to be the announcement of substantial investments in India, with figures ranging between $2-3 billion. This investment was seen as a significant move for Tesla, which is actively seeking new markets in light of a slowdown in sales in the US and China. India, with its recently lowered taxes on imported cars for companies investing locally, presents an attractive prospect for Tesla's expansion. Additionally, Musk's visit was poised to bring developments for Starlink, his satellite internet venture. Reports suggest that Starlink is set to receive initial approvals to operate in India, further solidifying Musk's ties with the country's technology and innovation sectors. The Indian government has been taking steps to liberalize its foreign direct investment policy, particularly in the space sector, to encourage more offshore investors to invest in Indian companies. These policy changes align with Musk's visit and could pave the way for increased collaboration and investment opportunities in the future. While Musk's trip to India has been postponed, his continued interest and commitment to visiting later in the year signal a positive outlook for Tesla, SpaceX, and Starlink's potential ventures in the country.

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Sampda Gupta

  • @SampdaGupta