Elon Musk has postponed his visit to India owing to “very heavy obligations,” the Tesla CEO confirmed on Saturday.
Earlier, Musk had announced that he would be travelling to India from April 21 to 22 to meet Prime Minister Narendra Modi and possibly announce plans to enter the Indian market.
“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 said on X.
Musk’s announcement came as a reply to an account named ‘DogeDesigner’ which quoted a CNBC-TV18 report that earlier today, said that the X owner would not be able to make his scheduled trip to India reportedly to attend a conference call on April 23 in the US to answer questions on Tesla’s performance in the first quarter.
On April 10, Musk tweeted, “Looking forward to meeting with Prime Minister Narendra Modi in India!”
In New Delhi, Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, after the government announced a policy lowering high tariffs on imported cars if companies invest locally, Reuters has reported.
He was also expected to meet executives from several space startups in New Delhi. Musk is awaiting Indian government regulatory approvals to begin offering his Starlink satellite broadband services in the world’s most populous country.
With inputs from agencies
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Elon Musk postpones India visit, cites ‘very heavy Tesla obligations’
