58 During his upcoming trip to New Delhi to meet with Prime Minister Narendra Modi, Tesla CEO Elon Musk is expected to disclose a significant investment of $2 to $3 billion in India. The primary focus of this investment will likely be the establishment of a new factory. Musk’s visit, coincides with his intention to introduce Tesla to the Indian market, which is currently the third-largest in the world for automobiles but still in the early stages of electric car adoption. Tesla’s interest in India comes amidst challenges in key markets such as the United States and China, with recent announcements of workforce reductions affecting 10% of its employees. Although Musk has confirmed the meeting with Modi on social media, specific details regarding his India visit remain undisclosed. You Might Be Interested In Best Buy Introduces AR Tech Exploration App for Apple Vision Pro Nordstrom Revamps Its Signature Brand, Unveiling High-Quality, Style-Driven Essentials MassMutual Partners with Insurify to Expand Insurance Offerings UK-Pakistan Inward Trade Mission Visits SCCI Paragon Bank Offers Best Buy 5.25% Easy-Access Savings Account Amid Rising Inflation Economist Behind Popular Recession Gauge Worries She Created a ‘Monster’
