Business
I'm a fan of Modi, plan to visit India next year: Elon Musk
New York, June 21
Tesla and SpaceX CEO Elon Musk met Prime Minister Narendra Modi, who is in the US on a three-day state visit, and said that he is a fan of Modi and plans to visit the country next year.
Musk, who is yet to bring his electric car-maker Tesla to India, said the country is great for solar energy investment.
"I am a fan of Modi. India is great for solar energy investment. We are also hoping to bring Starlink internet to India," the outgoing Twitter CEO told reporters here late on Tuesday.
"I am incredibly excited about the future of India. I think India has more promise than any large country in the world," he added.
Asked if Tesla will enter the Indian market, Musk said, "I am confident that Tesla will be in India and will do so as soon as humanly possible."
"I would like to thank the Prime Minister for his support and hopefully we will be able to announce something in the not so distant future," Musk noted.
In April this year, Musk started following on Twitter.
Musk and India have been in talks for years, but disagreements over a local factory and the country's import duties of as much as 100 per cent have led to an impasse.
The government has asked the EV maker to ramp up local procurement and share detailed manufacturing plans while Musk has demanded lower taxes so that Tesla can start-off by selling imported vehicles at a cheaper price in a budget-conscious market.
Musk further said that Modi really cares about India because he is pushing us to make significant investments in India, which is something that we tend to do.
"We just have to figure out the right timing. It was a fantastic meeting with the Prime Minister and I like him quite a lot. He visited our factory a few years ago. So, we have known each other for a while," he told reporters.
"He really wants to do the right thing for India. He wants to be open, he wants to be supportive to the companies. And obviously, at the same time, make sure that it accrues to India's advantage," Musk added.
49 minutes ago
Air India cancels multiple flights as Ethiopian volcanic ash drifts into Indian airspace
51 minutes ago
India and EU discuss shared security challenges, early conclusion of defence partnership
52 minutes ago
Netanyahu's office working on new date for visit, says Israeli PM has 'full confidence' in India's security under PM Modi
6 hours ago
After Hindu protest, global online retailer Shein removed Lord Ganesh blanket & doormat
7 hours ago
As Deol family battles grief, here's how Karan Deol fulfils final responsibilities for grandfather Dharmendra
7 hours ago
Juhi Chawla revisits her childhood obsession with Dharmendra’s classic ‘Sholay’
7 hours ago
Manoj Bajpayee talks about Nagaland and how its people are connected with nature
7 hours ago
Riteish Deshmukh shares how son Riaan helps him appreciate life’s simple joys
7 hours ago
Kareena Kapoor wishes ‘darling bro’ Armaan Jain on b’day: Can’t wait to celebrate soon
8 hours ago
Vijay Sethupathi welcomed on board the unit of Vetrimaaran's 'Arasan'
8 hours ago
President Murmu tells young IRS officers to uphold integrity, fairness
8 hours ago
Gujarat to hold padyatra in honour of Sardar Vallabhbhai Patel
8 hours ago
When Dharmendra brought the horrors - and bravery - of the 1962 war to all Indians' homes
