Tesla’s electric car debut in India will be natural progression: Elon Musk

NEW DELHI: Tesla CEO Elon Musk has said that India, like every other country, should have electric car and it will be a natural progression for his company to provide Tesla electric vehicles in India.

“India is now the most populous country in the world, based on population. India should have electric cars just like every other country has electric cars. It’s a natural progression to provide Tesla electric vehicles in India,” Musk said in a X Spaces session with Nicolai Tangen, the CEO at Norges Bank Investment Management.

The billionaire CEO said in the future “all vehicles will go electric and it is just a matter of time.”

Tesla has lately intensified its efforts to bolster its presence in the Indian market and is actively scouting for a suitable location to set up a state-ofthe-art manufacturing plant, as per a FT report.

As per sources, the state governments of Maharashtra and Gujarat have extended lucrative land offers to Tesla Inc for the establishment of an electric vehicle (EV) manufacturing plant, signalling a major stride in India’s electric mobility landscape.

Sources said the proposed plant, will have an estimated investment between $2 billion to $3 billion, and will aim to cater both domestic and international markets for Tesla’s electric vehicles.

The move comes in the wake of India’s new EV policy, where incentives have been provided for setting up manufacturing plant in India. As a global EV manufacturer, Tesla plans to establish a robust manufacturing presence in India.