Here's Why Elon Musk Ditched India Tour To Visit China

Quick Summary:

What Happened: The Tesla (NASDAQ: TSLA) CEO canceled a trip to India in April this year because of a massive opportunity in China, the Financial Times reported.

Elon Musk was reportedly scheduled to visit India to scout for a location for Tesla's new $3 billion (₹25,048 crore) electric vehicle (EV) gigafactory.

During his trip to Beijing, Musk reportedly bagged a deal that has pushed his plans of bringing full self-driving technology to China closer to reality.

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Article Details

Author / Journalist: Nivedita Hazra

Category: Technology

Markets: United StatesChinaIndia

Topics: Tech TSLA Benzinga News US88160R1014

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 07:39:53 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21563514

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