As Tesla continues to broaden its community of manufacturing amenities, many international locations have sought to supply the automaker its subsequent manufacturing house. Over the previous few years, Tesla CEO Elon Musk has had a number of discussions with the federal government of India a few potential funding, and a latest assembly stoked encouragement that the 2 might forge a deal quickly.
Nice assembly you right now @elonmusk! We had multifaceted conversations on points starting from power to spirituality. https://t.co/r0mzwNbTyN pic.twitter.com/IVwOy5SlMV
— Narendra Modi (@narendramodi) June 21, 2023
Following a latest assembly between Musk and Indian prime minister Narendra Modi within the U.S., the Tesla CEO has mentioned he’s “assured” that Tesla can be investing within the nation, in keeping with a report from Fortune. Musk additionally laid out plans to make his personal go to to India as quickly as subsequent 12 months, including that Tesla would look to enter the nation quickly.
“I’m assured that Tesla shall be in India and we’ll accomplish that as quickly as humanly attainable,” Musk mentioned in a latest assertion to reporters.
The information comes simply months after Musk mentioned that Tesla would possible announce a brand new manufacturing facility location by the top of 2023, and after the automaker shared plans to construct its subsequent gigafactory in Mexico. Tesla has been in talks with the Indian authorities concerning the potential to ascertain manufacturing amenities there for the previous few years, together with a variety of different international locations.
On the conferences with Musk, Modi wrote on Twitter that the 2 had “multifaceted conversations on points starting from power to spirituality.” The tweet got here as a response to Musk in an earlier thread from Modi, through which the Tesla CEO mentioned, “It was an honor to fulfill once more.”
Modi has additionally supplied an open invite for Musk to help with the industrial area sector in India, together with investments into the electrical car market. Throughout Modi’s journey to the U.S., he additionally visited with President Joe Biden, Apple CEO Tim Cook dinner, and Microsoft CEO Satya Nadella.
Tesla already has a handful of U.S. factories, most notably together with its automotive factories in Fremont, California and Austin, Texas in addition to its battery manufacturing facility in Sparks, Nevada. Past the U.S., it has gigafactory places in Grünheide, Germany; and Shanghai, China. Musk has additionally been courted by Indonesian President Joko Widodo and South Korean President Yoon Suk-yeol throughout the final 12 months, together with the governments of France, Spain, and Italy.
It’s unclear when Tesla would arrange manufacturing operations in India, or if it could even be the subsequent introduced manufacturing facility after its Mexico Gigafactory. Nonetheless, Tesla has an extended methods to go earlier than reaching Musk’s eventual objective of getting 12 gigafactories, so the automaker will possible proceed increasing considerably over the subsequent decade no less than.
Initially revealed on EVANNEX. By Peter McGuthrie.
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