Tesla creator Elon Musk cancels trip to India, according to a report

During his visit to India, Elon Musk was supposed to meet with Prime Minister Narendra Modi.During his visit to India, Elon Musk was supposed to meet with Prime Minister Narendra Modi.The postponement was reported by Reuters, citing three persons with knowledge of the situation. Neither Tesla nor PM Modi’s office have responded to the report.

Elon Musk, who also controls X (previously Twitter), verified this week that he will be meeting with Prime Minister Modi in India .”Looking forward to meeting with Prime Minister Narendra Modi in India,” he wrote in a post on X.It was anticipated that Elon Musk would declare a $2–3 billion investment to establish a manufacturing in India.

During PM Modi’s June 2018 visit to the US, Elon Musk had a meeting with the latter. The CEO of Tesla talked about PM Modi, his intended travel to India in 2024, and Tesla’s strategy to join the Indian market and establish the eagerly awaited factory.Elon Musk’s visit to India was revealed a few months after the government of India unveiled a new policy pertaining to electric vehicles. This policy gave import duty exemptions to individuals who established manufacturing units in India with a minimum investment of $500 million.

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