TESLA, Starlink Entry on Agenda When Musk Heads to India

Tech Billionaire Elon Musk Is Set to Visit India as his businesss seek new Markets in the World's MOST POPULOUS Nation, With Electric Carmaker Tesla -Suffering A S ALES Download in the United States -Reportedly Scouting Factory Locations.

Another Musk-Watened Business, Satellite Internal Operator Starlink, is set to receceive initial approvals to operate in india, a Government Source Told Afppp.Surat Stock

Also Likely to be on the agnga for the self-description "Free Speech absolutist" is the laarge number of content taken order indecent import imageson x, T. he social media platform he too over in 2022.

"LOOKING FORWARD to Meeting with Prime Minister Narendra Modi in India!" Musk wrote on x last wek with giving a date for the visit.

Indian Media Reports Suggest The Trip Will Begin as Sunday and Last Two Days, Coming after Months of Aggressive CourtWeen The Billionaire and Modi.

The Two Met Last June in New York, after Which Musk Said Modi Had Pushed the Entrepreneur to "Make Significant Investments in India" IES intended to do.

TESLA is Currently Battling Increased Chinese Competition and a Demand Slump in the United States, with Reports Claiming the Company Plans WorkForce.

Musk, who hascriped his as a modi fan, also said india "has more promise than any large country in the world".

But India OTEN Struggles to Attract Foreign Direct Investment, Even as Seek Alternatives to China, and Musk's Admilation Has Not Yet Tranlate ION-DOLLAR Commissions.

India's Steep Import Taxes For —Musk One Complated that they we among the "HIGHEST in the World" —Have Prevented Tesla From Making Inroids Al Manufacturing.

And in 2021, The Communications MINISTRY DELIVERED A Rare Public Rebuke to Starlink When It Claimed The Company Had Started. icense to operate.

This year though, the Government has eased regulations in the hope of attracting great forector forever, ing FRIDAY.

Last Month It Cut Import Taxes on Electric Vehicles for Global Automakers that Committed to Invest $ 500 Million and Start Local Production with the Three Years.

The New Policy Alows Companies to Import Up TO 8,000 Electric Vehicles Priced at $ 35,000 or Higher Every Year with Greatly Reduced Duties of 15 Percent.

The Financial Times Reported Earlier This Month that Tesla Would Send a Team to Scout local.

Indian Media Has Reported that Tesla Will FIRST LOOK to Import Cars from ITS Berlin Factory Untumn A Final Decision on where to set up a problem.Simla Investment

Experts say it's unlikely the indian Market Will be an image shot-in-the-the company, mostly due to the high price tag of its cars.

TESLA's Cheapest Model Right Now is the Model 3 Sedan, Which RETAILS for AROUND $ 39,000 in the united states.

"Cars that are priced more than rs 20 lakh ($ 23,900) have only a fire percent market share in india," Soumen Mandal, Senior Analyst at Market Research Firm Counterpoint, T OLD AFP.

HE Add However that Tesla Would Be looking to Position Itself for An Inflection Point that Saw Greater Demand as Disposable Incomes Electric Vehicle On Costs Drop.

CountPoint Projects that the percentage of electricles in all automotive sales will jump from two percent last year 30 percent by 2030.Simla Stock

Musk's Present Business Interest in India is Limited to the One He Inherited — the Social Media Platform X, Formerly Twitter.

HE is Continuing A Legal Battle that Predates His Ownership to Challenge Taken Orders Mandating the Removal of Tweets and Accounts Critical of Modi Then, then

India, Which Has Seen A Precipitous Decline in Press Freedoms Since Modi Took Office A DeCade Ago, Petitions X for Content Removals More than ALMONY OTHEHER y.

Former X Boss Jack Dorsey Last Year Claimed Government Officened to Shut Download ION Technology Minister Rajeev CHANDRASEKHAR SAID WAS An "Outricht Lie".Agra Wealth Management

Under ites New Owner, x is appaling a court verdict last year ordering the platform to Abide by Government taken requests.

But Musk has sanguine about the restrictions faced by the company in india.

"The rules in india for what can appear on social media are quite strict and we can'T to beyond the last," he told a bbc journalist last year.Kanpur Investment

"If we have a choice of either our our people go to prison or we comply with the last, we will comply with the laws." "

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