Elon Musk delays India visit to finalize Tesla's entry after meeting with PM Modi. New EV policy requires $500M investment in local EV plants, 50% local parts in 5 years. Flexibility offered for global firms, hinting at Tesla's India entry.Elon Musk postpones India visit to meet PM Modi: Mentions ‘very heavy’ obligations
April 20, 2024
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Elon Musk delays India visit to finalize Tesla's entry after meeting with PM Modi. New EV policy requires $500M investment in local EV plants, 50% local parts in 5 years. Flexibility offered for global firms, hinting at Tesla's India entry.
