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Tesla CEO Elon Musk hints at India entry in 2021

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Electric automotive maker Tesla Inc’s CEO Elon Musk on Friday hinted on the firm’s entry into India in 2021.

“Next year for sure,” he stated on Twitter responding to a query if there was any progress almost about the corporate’s India plans.

“Thanks for waiting!” he stated to a different Twitter consumer on the identical thread.

The American automaker’s India entry may come shut on the heels of the exit of compatriots Harley Davidson and General Motors from the market. Ford too exited unbiased operations within the nation after promoting its manufacturing plant and different belongings to a three way partnership firm it arrange with Mahindra and Mahindra.

However, this was not the primary time that the top of the world’s most beneficial automotive firm has spoken about its India entry with little on-ground progress.

In July when an Indian Twitter consumer who had booked a Tesla Model three over 4 years in the past requested Elon Musk when was the corporate anticipated in India, the latter stated, “Sorry, should hopefully be soon!”

Before that, he stated in March 2019: “Would love to be there (India) this year. If not, definitely next!” In July that yr, he instructed college students from IIT Madras that Tesla can be in India inside a yr.

Musk has prior to now blamed India’s tax rules and tariffs for delaying Tesla’s foray into the nation.

“Would love to be in India. Some challenging government regulations, unfortunately,” he stated on Twitter in March 2018. “Deepak Ahuja, our CFO, is from India. Tesla will be there as soon as he believes we should.”

Ahuja has since left the corporate.

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