Recent reports have emerged stating that Tesla CEO Elon Musk will be meeting Indian Prime Minister Narenda Modi later this month. Musk and Modi’s meeting will reportedly take place during the week of April 22. This coincides with Tesla’s first quarter earnings call scheduled for April 23, 2024. Musk’s visit to India was initially reported by Reuters, citing two people familiar with the matter.
According to the publication’s sources, Musk would be accompanied by several executives and is expected to make an announcement about his India plans. The Indian Prime Minister’s office and Tesla have not provided comments on the recent reports. Furthermore, the publication noted that Musk’s agenda on his upcoming trip to India might still change in the coming weeks. Tesla’s entry into India has been anticipated for some time.
Although previous attempts at entering the Indian market have not succeeded, local reports and Musk’s recent comments about the country suggest that a potential Tesla debut in India may be on the horizon. Musk has expressed interest, stating, “India should have electric cars just like every other country.” Recent reports also hint at Tesla’s ongoing preparations for its potential India launch.