Thursday, September 19, 2024

Tesla in India: 'Tesla' entry confirmed in India; What did Elon Musk say? | leader









Leader Online Desk: Billionaire industrialist Elon Musk's Tesla product has been preparing to come to India for a long time. Meanwhile, Musk hinted at Tesla's entry into the Indian market, saying that making electric vehicles available in India is a natural progression for Tesla. Elon Musk, the CEO of both social media company X and Tesla, said during his statement that Tesla's entry in India will be confirmed. (Tesla in India)

It has recently been clarified that the Tesla team will visit India by the end of April. The team will visit several states to find suitable locations for their proposed plant. Now Elon Musk has also almost confirmed Tesla's entry into India. He said that making electric vehicles available in India was a natural progression for Tesla. His statement is being linked to Tesla's India factory. (Tesla in India)

Tesla wants to invest heavily in EV production

Elon Musk wants to invest 2 to 3 billion dollars in electronic vehicle manufacturing in India. Speculation about Tesla's entry began after the Indian government's new EV policy came into force. In the new policy, the government has given exemptions to companies investing in manufacturing in the country. The government has also clarified that this will not only increase the industrial production in the country but also create new jobs.

Tesla in India: Tesla offers from many states

ANI quoting sources claimed that Maharashtra and Gujarat have made special offers to Tesla on land to set up factories in their respective states. Apart from this, the Telangana government is in serious discussions to bring an EV manufacturing plant here. Several media reports claimed that Tesla's team may visit several states including Gujarat, Maharashtra and Tamil Nadu.

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