Elon Musk is scheduled to meet with Indian Prime Minister Narendra Modi later this month, specifically during the week of April 22, which coincides with Tesla’s first quarter earnings call on April 23, 2024.
This meeting has been reported by various sources, including a recent report from Teslarati.
com, which also mentioned that Musk would be accompanied by several executives and might make an announcement about his India plans during his visit.
The upcoming meeting marks a significant event for both Tesla and India, as it could potentially lead to the announcement of Tesla’s investment plans in the country.
The anticipation for this meeting has been growing, with Musk himself expressing excitement about meeting with Prime Minister Modi.
This development follows Musk’s previous meeting with Modi in June 2023, where they discussed Tesla’s potential entry into the Indian market.
The upcoming meeting could be a pivotal point in Tesla’s relationship with India, as it has been speculated that Tesla may announce its plans to set up a manufacturing base in the country.
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As Tesla continues to expand its global presence, a potential entry into the Indian market could be a significant step for the company, given India’s growing economy and large population.
The Indian government has also shown interest in attracting major global players like Tesla by announcing a new electric vehicle policy that offers import duty concessions for companies setting up manufacturing units in the country.
This meeting between Elon Musk and Prime Minister Narendra Modi is a highly anticipated event that could have significant implications for Tesla’s future in India and the broader electric vehicle market.