Musk to Meet Modi, Unveil Investment Plans

According to Musk, the entry of Tesla in India, as the company scouts for factory land, will be a “natural progression”….reports Asian Lite News

Tesla and SpaceX CEO Elon Musk is reportedly planning to visit India later this month to meet Prime Minister Narendra Modi and announce his mega investment plans, as the country doubles down on its EV adoption strategy.

However, an official confirmation on Musk’s India visit from the tech billionaire or his electric car company was yet to come.

Musk is slated to meet PM Modi “in the week of April 22 in New Delhi”, Reuters reported on Wednesday, citing sources.

The X owner, accompanied by other top Tesla executives, is also likely to make an announcement about his investment plans and setting up of a potential $2-3 billion manufacturing plant in the country, the report mentioned.

According to Musk, the entry of Tesla in India, as the company scouts for factory land, will be a “natural progression”.

“All vehicles will go electric and it is just a matter of time,” the Tesla CEO said.

India, like other nations which have adopted EVs, should also have more and more electric cars going forward, according to the X owner.

Gujarat, Maharashtra, and Tamil Nadu are reportedly on top of Tesla’s agenda to start EV manufacturing and export the vehicles as well. During his visit to the US last year, PM Modi had invited the tech billionaire to explore opportunities in the country for investments in the e-mobility sector.

Meanwhile, Elon Musk on Thursday said that his X platform has activated the Community Notes feature — a user-based fact-checking programme — in India, as the country prepares for general elections.

Musk-owned social media platform also welcomed new contributors in India for its community notes feature.

“Community Notes now active in India,” wrote the Tesla and SpaceX CEO.

The company said that its first contributors in the country “are joining today, and we’ll be expanding over time”.

“As always, we’ll monitor quality to ensure that notes are found helpful by people from different points of view,” said the X platform.

Community Notes now has contributors in 69 countries around the world.

“We’re adding more regularly,” said the Musk-run platform.

In December 2022, the company first enabled the ability for people to look at ‘Community Notes’ related to posts globally.

“Community Notes aim to create a better informed world by empowering people on X to collaboratively add context to potentially misleading posts,” according to the company.

Contributors can leave notes on any post and if enough contributors from different points of view rate that note as helpful, the note will be publicly shown on a post.

“A post with a Community Note will not be labelled, removed, or addressed by X unless it is found to be violating the X Rules,” said the company.



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