Tesla’s Elon Musk postpones India trip, aims to visit this year

NEW DELHI : Elon Musk postponed a planned rush to India where he used to be to meet Top Minister Narendra Modi, citing duties at his Tesla automaker and asserting he aimed to reschedule the test with for later this yr.

“Sadly, very heavy Tesla duties require that the test with to India be delayed, but I enact very powerful shield up for visiting later this yr,” Musk posted on his X social media platform.

Reuters reported the postponement on Saturday, citing four of us aware of the matter. The rush used to be to have integrated the announcement of plans for the electrical automobile (EV) maker to enter the South Asian market, Reuters has reported.

The CEO and the high minister are every at extreme junctures.

Tesla can have outdated the India announcement to strive and reassure shoppers after months of half-label declines and the knowledge on April 15 that it would lay off extra than 10 per cent of its global personnel.

Musk is anticipated to face tough questions from analysts when Tesla publicizes quarterly outcomes on Tuesday about falling sales, rising competition from Chinese language EV makers and the destiny of key future Tesla merchandise.

Reuters reported on April 5 that Tesla had halted vogue of its long-awaited inexpensive EV, normally known as the Model 2. Musk posted that “Reuters is lying” after the file, without citing any inaccuracies. He has not spoken extra about the mannequin, leaving shoppers clamouring for readability.

Rohan Patel, a Tesla public policy govt who, in step with sources, used to be a form of leading the firm’s India entry plans, furthermore resigned this week.

Musk would have arrived on Sunday, two days after the open of India’s nation election, correct thru which Modi is forecast to get a rare third time duration. Modi needs to highlight development in direction of promises of constructing India a world manufacturing hub.

After Reuters reported Musk’s India rush plans on April 10, he posted on X that he used to be “Having a expect forward to assembly with Top Minister Narendra Modi in India!”

In Unusual Delhi, Musk used to be anticipated to mutter an investment of $2 billion to $3 billion, mainly to invent a factory in India, after the executive launched a policy lowering excessive tariffs on imported autos if firms make investments domestically, Reuters has reported.

He used to be furthermore anticipated to meet executives from a lot of dwelling startups in Unusual Delhi. Musk is expecting Indian executive regulatory approvals to open offering his Starlink satellite broadband services on this planet’s most populous nation.

(This memoir has been refiled to claim Reuters, not reporters, in paragraph 3)