Elon Musk postpones india visit: This is the reason!

Tesla CEO Elon Musk's visit to india has been postponed

One of the world's richest men, Elon Musk's tesla is a leading manufacturer of electric cars. Elon Musk is making efforts to set up his US-headquartered company in India. However, Elon Musk was unhappy with the high taxes imposed in India. The central government has not accepted the request for a reduction of import duty demanded by Tesla. Subsequently, Elon Musk has been pushing for a reduction in import duties on electric cars. Meanwhile, the state governments of tamil Nadu, Telangana, and West bengal invited Elon Musk's tesla company to set up a manufacturing plant in their state.

Meanwhile, the indian government has announced a new electric vehicle policy that provides lower import duties for electric vehicles. In it, it is said that foreign companies opening the wave of electric vehicle production in india with an investment of at least 500 million US dollars will be given a concession on import duty. This announcement seems to have created a favorable environment for Tesla. Also, Elon Musk is reportedly planning to set up a manufacturing facility for tesla in india for USD 2-3 billion. Meanwhile, tesla CEO Elon Musk met prime minister Modi when he visited America in june 2023. During that meeting, Elon Musk told prime minister Modi that india will come only in 2024.

Following this, Elon Musk, one of the richest people in the world, chairman of tesla and chairman of (formerly X), was scheduled to visit india on april 21 and 22. During this visit, he also planned to meet prime minister Narendra Modi. "I look forward to meeting prime minister Modi in India." As Elon Musk posted on his social media page. During the meeting with the prime minister, there were reports that he would make an announcement about setting up a tesla car factory in india and the launch of Starlink, a high-speed Internet service. Meanwhile, Elon Musk's visit to india has been postponed. Elon Musk said on his social media page, “Unfortunately, my trip to india has been postponed to fulfill Tesla's expectations. However, I am looking forward to traveling to india later this year."

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