Tesla CEO Elon Musk postpones India visit
Sun 21 Apr 2024Elon Musk, the C͏EO of Tesla, has postponed his trip to India ͏over this weekend, where he was expected to meet with Prime Minister Narendra Modi and unveil plans for entering the South Asian Market.
Musk on his social media platform X, formerly Twitter, wrote late on Friday, “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's visit to India, originally scheduled for April 21 and 22, has been postponed.
— DogeDesigner (@cb_doge) April 20, 2024
He needs to attend Tesla's earnings call on April 23, which may be the reason for the delay.
一 CNBC TV18 pic.twitter.com/3FKXupMj0b
Earlier, it was scheduled that he would visit India for two days i.e April 21 and 22. Although, the exact reasons for the current ͏postponement remain undisclosed.
While the new dates͏ for Musk’s India visit are yet to be announced, ͏it was expected that during his trip, he ͏would announce a significant investment ͏ranging between USD 2 ͏to U͏SD 3͏ billion in India, which is anticipated primarily for ͏the establishment of a new Tesla factory in the country.
Moreover, there were also reports that during his visit, he had plans to engage with India’s startup ecosystem and explore collaboration with space companies.
(This article is published under a mutual content partnership arrangement between The Brew News and The Free Press Journal)
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