Following this announcement, speculations arose, particularly regarding the possibility of Musk planning to establish a Tesla manufacturing plant in India. These speculations gained traction as they coincided with a recent notification from the Union government regarding a new electric vehicle manufacturing policy, offering duty concessions to companies committing to manufacture in India.
Despite initial plans for the trip scheduled on April 21 and 22, Musk postponed his visit due to his work commitments, as he explained on X. He expressed his regret over the delay, citing ‘very heavy Tesla obligations,’ but reassured his anticipation of visiting later in the year.
The postponement aligns with Tesla’s earnings call scheduled for April 23, indicating that this commitment played a pivotal role in rescheduling the trip.