Meeting Details: High-Stake Conversation
In an upcoming meeting with India's Prime Minister Narendra Modi, Tesla's CEO Elon Musk plans to reveal details about the company's intentions to establish a manufacturing base in India. A reliable source, who opted to remain anonymous, said this meeting is the first of its kind to focus on Tesla's expansion in India.
The pivotal discussion is set to take place on Tuesday, in line with Modi's state visit to the United States.
Tesla's Venture in India: A Strategic Move
Tesla's top executives conducted meetings with Indian government officials and ministers last month. These conversations revolved around establishing an auto-manufacturing and battery production base in the country.
The source quoted Musk's meeting with Modi as a high-level discussion about India's economic potential and hinted at Tesla's comprehensive plans for India, which prominently include manufacturing.
Hiccups in Tesla's India Entry
Last year, Tesla had to postpone its entry into the Indian market due to the country's high import tax structures. However, recent talks indicate a revival of the plan, with Tesla sharing blueprints of a potential manufacturing base with Indian officials.
The Twitter Controversy: A Cloud Over the Meeting
This high-profile meeting between Musk, who also owns Twitter, and Modi takes on a greater significance in light of recent events. The gathering comes shortly after Twitter co-founder Jack Dorsey accused India of threatening to shut down the platform for failing to comply with content takedown orders during a protest between 2020 and 2021.
In response, India dismissed Dorsey's accusation as a baseless lie. So far, Musk has remained silent on the matter, which has sparked significant political controversy in India.