Tesla Inc. Chief Executive Officer Elon Musk stated he’s suspending a go to to India which might have included a gathering with Prime Minister Narendra Modi.
“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,” the billionaire stated in a publish on X.
Unfortunately, very heavy Tesla obligations require that the go to to India be delayed, however I do very a lot look ahead to visiting later this yr.
— Elon Musk (@elonmusk) April 20, 2024
Musk was earlier scheduled to go to the South Asian nation for 2 days — April 21 and 22 — to announce plans to enter the Indian market.
The go to was crucial when it comes to timing for each the boys. India has kicked off voting for its nationwide elections the place PM Modi is searching for a 3rd time period citing the nation’s financial rise. Investments from billionaires like Musk will burnish his attraction amongst voters.
Musk is searching for permission for SpaceX’s Starlink Inc. to function in what will probably be by far its greatest market. Starlink has already acquired assurances from India’s authorities that it is going to be in a position to begin working within the nation as quickly because the third quarter of this yr, folks aware of the matter informed Bloomberg earlier.
© 2024 Bloomberg L.P.
(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)
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