Elon Musk Sets Sights on India, Tesla's New Factory Location decision in 2023
During an interview on Tuesday, where Musk was asked if Tesla was interested in India for the new factory, he replied, "Absolutely". Last week, Tesla executives met Indian officials for two days in New Delhi where the EV maker reportedly proposed to build a manufacturing facility and R&D centre in the country
Elon Musk, the CEO of EV maker Tesla , announced on Tuesday that the company is making progress in selecting a location for its new factory, with a decision expected by the end of the year. During an event on Tuesday, when asked by a journalist from The Wall Street Journal about the possibility of choosing India, Musk expressed his enthusiasm, stating, "Absolutely," as reported by Reuters. Amidst mounting speculation about Tesla's upcoming manufacturing facility, Musk reportedly said that the company is likely to finalise the location in the coming months.
Last week, MoS IT Rajeev Chandrasekhar said during an interview with Reuters that Tesla is genuinely interested in establishing a manufacturing presence in the country.
