Tesla CEO Elon Musk said Tuesday the company is looking to invest in India “as soon as humanly possible,” following a meeting with Indian Prime Minister Narendra Modi in New York
“[Modi] really cares about India because he’s pushing us to make significant investments in India, which is something we intend to do. We are just trying to figure out the right timing,” Musk told reporters. “I am confident that Tesla will be in India and will do so as soon as humanly possible,” he said, without specifying a timeline. Musk said he tentatively plans to visit India next year. Musk’s push into the Indian market has been in the works for a long time.
Last month, Musk said at an event that the company would likely pick a location for a new Tesla factory by the end of the year and that India was an interesting option, Reuters reported at the time. Both China and India have been trying to attract global EV investment and boost the EV industry.
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