Team Blitz India
NEW DELHI: Tesla CEO Elon Musk, who is scheduled to visit India next week, is likely to announce an investment worth $2-$3 billion, Reuters reported citing the sources familiar with the development.
Musk is likely to meet Prime Minister Narendra Modi on Aptil 22, following which the company’s entry into India will be announced, as reported earlier.
However, details of the billionaire CEO’s New Delhi visit have been kept confidential, with the Tesla CEO only publicly confirming on X that he will meet PM Modi in India during his visit.
According to the report, Musk is expected to announce the investment figure for India without sharing details such as a timeline or the state where the manufacturing plant or the factory would be built.Tesla has already started scouting for showroom space in metropolitan cities including New Delhi and Mumbai.
