The billionaire Tesla chief will meet Indian Prime Minister Narendra Modi in the week of April 22 in New Delhi, and will separately make an announcement about his India plans, two sources say.
The Tesla CEO will be accompanied by other executives during his visit, said the first source. / Photo: Reuters
The billionaire will meet Modi in the week of April 22 in New Delhi, and will separately make an announcement about his India plans, said the two sources on Wednesday, who declined to be named as the trip details are confidential.Modi's office and Tesla did not respond to requests for comment. Musk's final India trip agenda could still change.
India last month unveiled a new EV policy lowering import taxes to 15 percent from 100 percent on some models if a manufacturer invests at least $500 million and sets up a factory too. Tesla has also begun production of right-hand drive cars at its German plant for export to India later this year, sources have said.
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