Elon Musk Goes To China & Indonesia, Eyes Lanka Trip After Cancelling India Visit. Why Tesla CEO's Itinerary Matters
Date
5/20/2024 8:26:20 AM
(MENAFN- Live Mint) "Tesla and SpaceX CEO Elon Musk visited Indonesia on Sunday to launch the Starlink satellite internet service in the island nation. His recent visit to the archipelago will likely pave the way for a trip to Sri Lanka, as the tech billionaire was spotted exploring opportunities for Starlink services with Sri Lanka's President Ranil Wickremesinghe Musk's recent visit to Indonesia came days after his surprise visit to China and nearly a month after he cancelled his visit to India. Musk's plan to visit India between April 20 and 22 was cancelled at the last moment, and there is no update on Tesla's entry into the Indian market. According to a PTI report, Elon Musk's Tesla is yet to inform India about its plans to enter the country.
\"They (Tesla) are just silent. The (EV) policy was always meant for everybody,\" PTI quoted a government official saying.
Why was Elon Musk's visit to India cancelled?The Tesla CEO cancelled his visit to India in May, citing heavy obligations. While announcing a sudden cancellation, Musk mentioned his plans to visit the country later this year.“Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year,\" wrote Elon Musk on X.It is worth mentioning that the Tesla CEO was set to make some big announcements about the $2-3 billion EV factory in India and some developments related to Starlink Read: Elon Musk's post claiming Saudi Prince bought Tesla's Cybertruck goes viral; netizens say, 'Looks like a spaceship'Elon Musk's visit to ChinaNearly a week after cancelling his visit to India, Elon Musk made a surprise travel to China. The unexpected visit to China helped the EV maker to clear regulatory hurdles related to the launch of self-driving software in China to news agency Reuters, Tesla sealed a deal with Baidu to use its maps to collect information on public roads in China.
What does Tesla CEO's delayed visit amid multiple foreign trips mean for India?Musk's sudden appearance in China after the cancellation of his India trip was widely discussed. It unintentionally signals China's significance for the US firm despite the global companies' inclination towards 'China plus One' policy. As Elon Musk's foreign trips continue, India is yet to hear from Tesla about its plans to enter the domestic market's visit to India would have marked Tesla's entry into the Indian market. In addition to economic gains, Musk's India trip could have boosted PM Modi's re-election campaign as Tesla's investment announcement could have given a fillip to PM Modi's business-friendly image, reported Reuters.
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