"Tesla to be in India 'as soon as humanly possible" says Elon Musk after meeting PM Modi
Last month, Musk had said that Tesla would probably pick a location for a new factory by the end of this year
Tesla CEO Elon Musk Tuesday said he had a very good conversation with Indian Prime Minister Narendra Modi at Lotte New York Palace in New York, and that the electric vehicles maker will try to be in India "as soon as humanly possible" reported sources
Last month, Musk had said that Tesla would probably pick a location for a new factory by the end of this year, adding India was an interesting place for a new plant.
In 2022, Tesla shelved its India entry plans due to high import tax structures, but renewed talks in recent weeks by sharing plans with Indian officials about a manufacturing base there, which India has long sought.
Meanwhile, Tesla shares went up 4% Rivian would adopt Tesla's electric vehicle charging standard.
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