Tesla CEO and Tech entrepreneur Elon Musk have postponed his trip to India, according to reports. Musk took to X to confirm the news, calling it "unfortunate".
His post read: "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," Musk posted late on Friday.
Musk's planned trip to meet Prime Minister Narendra Modi had triggered speculations that India might give a licence for Musk's Starlink Inc to operate in the country. However, the Prime Minister's Office nor Musk has responded to reports regarding Musk's visit.
Musk's India trip came into focus after the CEO posted on X, "Looking forward to meeting with Prime Minister Narendra Modi in India!". The visit was said to be linked to announce an investment of $2-$3 billion in India, with a possible roadmap for an investment of up to $20-$30 billion. He was also expected to make an announcement on his plans to invest and open a new factory in India during his visit to the country.
Tesla has been lobbying India to reduce import taxes on electric vehicles even as it has been considering the idea of setting up a factory in the country. A Reuters report had earlier said Tesla officials are expected to visit India in April to look at sites for setting up a manufacturing plant. Sources said Tesla had also started production of right-hand drive cars at its German plant for exporting to India.
