Elon Musk is Expected to declare a $2–$3 Billion Investment in India While there

Elon Musk in India

Elon Musk, the CEO of Tesla, is expected to announce an investment of between $2 and $3 billion when he visits India next week, according to Reuters, which cited people with knowledge of the situation.

The article states that Musk is anticipated to declare the amount of investment for India without disclosing specifics like a timeframe or the location of the factory or manufacturing plant. But according to a previous Reuters story, Tesla has already begun looking for store space in major cities like New Delhi and Mumbai, and its Berlin factory is currently manufacturing right-hand drive vehicles that it plans to export to India starting later this year.

The CEO of SpaceX is reportedly scheduled to meet with representatives from several Indian space companies, including Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace, and Dhruva Space. Bloomberg cited demands from the companies to meet with the tech giant in New Delhi, citing requests received by the enterprises from the government.