Key Points
In April, Tesla CEO Elon Musk traveled to China on an unexpected journey, ironically, a week before, he had cancelled a much-hyped trip to India citing "very heavy Tesla obligations"..
The cancellation came despite Musk confirming his India visit in advance on April 10..
Bloomberg reported early this month, as per people familiar with the matter,. that India doesnt expect Tesla Inc. to move forward with an investment in the country any time soon after executives at Musks electric carmaker stopped contacting them...
After Musk's show of unwillingness to enter India, the Indian government might change the new electric vehicle (EV) policy that is favourable for Tesla and is supposed to be designed to attract Tesla...
Many state governments, including Gujarat and Tamil Nadu, are luring the EV maker's suppliers, believing that "Tesla would be more likely to go where its supplier ecosystem is," sources said.. "Three of Tesla's suppliers were in Gujarat for site visits recently," according to one person cited above who said, "they work on varied components and also supply to several other auto companies and are keen on Gujarat.".
