CEO of SpaceX and Tesla, and proprietor of Twitter, Elon Musk, astatine the Viva Technology league astatine the Porte de Versailles accumulation halfway connected June 16, 2023 successful Paris, France.
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Tesla CEO Elon Musk says helium is "incredibly excited astir the aboriginal of India," adding that it has "more committedness than immoderate ample state successful the world."
"I americium a instrumentality of Modi," Musk admitted Tuesday successful a video interrogation published connected Prime Minister Narendra Modi's authoritative YouTube page.
"He truly wants to bash the close happening for India. He wants to beryllium open, helium wants to beryllium supportive of caller companies, but astatine the aforesaid clip marque definite it accrues to India's advantage," said the CEO of Tesla and SpaceX aft their gathering successful New York.
Modi and Musk past met successful 2015 erstwhile the Indian premier curate visited Tesla's Fremont Factory successful California.
The Indian premier curate is connected his archetypal state sojourn to the U.S., wherever he's expected to clasp high-level talks with leaders and concern executives connected defense, exertion and India's relation successful the Indo-Pacific.
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President Joe Biden volition beryllium hosting him astatine a White House meal successful Washington connected Thursday, wherever Modi is expected to conscionable a slew of concern leaders including Apple's Tim Cook, Google's Sundar Pichai, Microsoft's Satya Nadella.
Modi "really cares astir India due to the fact that he's pushing america to marque important investments successful India, which is thing we mean to bash and we're conscionable trying to fig retired the close timing," Musk said.
Investing successful India
India holds large imaginable for Tesla, 1 expert told CNBC.
"Every azygous U.S. institution which has a listed subsidiary successful India has seen higher maturation and worth instauration successful India," Nilesh Shah, managing manager astatine Kotak Mahindra Asset Management, said.
"U.S. investors volition beryllium reassured that gathering a U.S.-India concern volition beryllium a existent win-win concern for some countries," helium added.
Investments from Tesla would purpose to enactment India's sustainable vigor procreation chiefly done star and wind, said the CEO of the EV maker.
"India is large for solar. The magnitude of onshore country you really request to make capable energy to powerfulness India is precise small. I judge it'd beryllium astir apt 1% oregon 2% of the onshore country successful India, truthful it's precise doable."
Other areas of concern see stationary artillery packs and electrical vehicles.
"India volition beryllium a promising marketplace for Tesla arsenic their destiny successful China volition beryllium akin to different American car manufacturers who ended up being beaten by Chinese competitors," Shah highlighted.
Musk besides said that he's keen connected improving India's net connectivity and hopes to bring SpaceX's Starlink outer net work to the South Asian nation.
This tin beryllium "incredibly adjuvant for distant oregon agrarian villages wherever they possibly whitethorn person nary entree to [the] net oregon the net is precise costly and slow," Musk said.
Musk said Modi invited him to sojourn India, and it could hap arsenic soon arsenic adjacent year.
Modi's sojourn to New York saw him crossing paths with U.S. astrophysicist Neil deGrasse Tyson, capitalist Ray Dalio, and Grammy grant victor Falguni Shah.