Elon Musk India Visit / Musk postponed India tour for special reason, now reveals new planning

Zoom News : Apr 20, 2024, 04:03 PM
Elon Musk India Visit: The news of postponement of the first visit of Elon Musk, CEO of Tesla, one of the world's largest EV companies, to India has been confirmed. This news has been confirmed by Elon Musk himself on his X handle. Elon Musk was earlier scheduled to visit India on 21 and 22 April. Which has been canceled for now. Elon Musk announced responsibilities related to Tesla. On the Hawaii tour, Elon Musk was going to announce plans related to manufacturing unit and satellite communication for Tesla. There was also news that Elon Musk is planning to invest Rs 25 thousand crores in India.

Elon Musk posted

Elon Musk said in his X handle post that unfortunately, the visit to India is being delayed due to Tesla obligations. But I am very much looking forward to the trip later this year. According to the information, Elon Musk is to release Tesla's quarterly results on April 23. This date was already fixed. In such a situation, there was a possibility of the quarterly results being delayed after the visit to India. This is the reason why Elon Musk has postponed his visit to India. When will he arrive by the end of the year? No information has been received regarding this yet.

What was Musk going to do during the visit?

During his visit to India, Elon Musk was going to announce an investment of 2 to 3 billion dollars i.e. up to Rs 25 thousand crores in India. Under which an announcement was going to be made to set up a manufacturing unit in the country. Elon Musk had also applied for satellite communication. On which the situation could have become clear and some big announcement could have been made from Musk. Apart from this, during his visit to India, the Tesla CEO also had a program to meet Indian startups and space companies.

Posted on April 10

On April 10, Musk had tweeted that he was eager to meet PM Modi. Before that, the Government of India had also announced a new EV policy. In which foreign companies will get a lot of help in setting up manufacturing units in India. Besides, there was also a proposal for foreign companies to charge less import duty on some EVs. Last year, Musk had announced that his company, Tesla, would likely make a significant investment in India as the government looks to woo foreign EV brands into the country.