Why has Elon Musk postponed India visit? Tesla CEO Elon Musk has postponed his planned visit to India, originally scheduled for April 21 and 22, citing pressing commitments related to Tesla’s operations.
Musk expressed regret over the delay but emphasized his anticipation of visiting later in the year.
Why has Elon Musk postponed India visit?
“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,” said Elon Musk.
Explanation Amid Speculation:
The postponement announcement came in response to widespread speculation on social media, with many linking Musk’s visit to potential discussions around establishing Tesla manufacturing facilities in India.
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This speculation was fueled by recent government notifications regarding electric vehicle manufacturing policies, offering duty concessions to companies committing to produce in India.
Tesla Earnings Call:
The tech billionaire pointed to Tesla’s upcoming earnings call on April 23 as a primary reason for the delay.
This coincided with his originally planned visit dates, highlighting the demanding nature of his responsibilities at Tesla.
Anticipation of Meeting Indian Prime Minister:
Musk had expressed eagerness to meet with Indian Prime Minister Narendra Modi during his visit, attracting significant attention worldwide.
The trip was envisioned as a 48-hour itinerary encompassing meetings not only with the Prime Minister but also with space startups and business leaders.
Context of Indian Elections:
The timing of Musk’s postponed visit aligns with significant elections in India, where Prime Minister Modi is expected to secure victory.
However, due to election-related protocols, formal announcements pertaining to Musk’s Starlink project may not take place during this period, as reported by Business Today.
Future Plans:
Despite the delay, Elon Musk remains committed to visiting India later in the year.
The rescheduled trip is anticipated to include discussions on potential collaborations and investments in the country’s burgeoning tech and automotive sectors.
Elon Musk said he is postponing a visit to India that would have included a meeting with Prime Minister Narendra Modi https://t.co/R1IFr15uzb
— Bloomberg (@business) April 20, 2024
