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Elon Musk, the CEO of Tesla, has expressed his intention to bring Tesla to India. In a meeting with Indian Prime Minister Narendra Modi in New York, Musk stated that Tesla is looking to invest in India “as soon as humanly possible.” The meeting took place on June 20, 2023, during Modi’s state visit to the United States.
While Musk did not provide a specific timeline for Tesla’s entry into the Indian market, he expressed confidence that Tesla will be in India as soon as possible. He mentioned that they are currently working on determining the right timing for the investment. Musk tentatively plans to visit India next year, indicating his commitment to exploring opportunities in the country.
The move to bring Tesla to India has been in the works for a while. As early as 2017, Musk mentioned Tesla’s plans to sell cars in India. However, various factors, including infrastructure development and market conditions, may have influenced the delay in Tesla’s entry into the Indian market.
Modi’s push for significant investments in India’s electric mobility sector aligns with the Indian government’s focus on promoting electric vehicles and sustainable transportation. The government’s support and interest in electric mobility have likely played a role in Tesla’s decision to explore opportunities in India.
Musk’s optimistic comments regarding India’s capabilities in the renewable energy industry, such as solar energy, energy storage systems, and electric cars, demonstrate his belief in the country’s potential. Additionally, he expressed a keen interest in introducing SpaceX’s Starlink satellite internet service to India.
Tesla’s entry into India is expected to have a significant impact on the country’s electric vehicle market. Tesla’s advanced electric vehicle technology, combined with the increasing demand for sustainable transportation solutions, could contribute to the growth of the EV ecosystem in India.
