The shortages of computer chips that forced global automakers to scrap production plans are easing - at a new and permanent cost to the car companies
Tesla CEO Musk suggests India entry in 2021
Tesla Inc chief executive Elon Musk indicated on Friday that the US electric carmaker will make a foray into India in 2021.
Published : 3 Oct 2020, 07:17 AM
Updated : 3 Oct 2020, 07:17 AM
"Next year for sure," Musk said on Twitter in reply to a post with a photograph of a T-shirt with the message: "India wants Tesla".
"Thanks for waiting," Musk said.
Tesla's entry could come at a time when Prime Minister Narendra Modi is increasingly becoming focussed on promoting the use and manufacture of electric vehicles.
India's auto sector, already reeling from a slowdown in demand last year, has been further hit by the novel coronavirus pandemic and carmakers are seeking government support to push sales.
Musk commented last year about coming to India, in response to someone on Twitter who asked "What about India sir?".
"Would love to be there this year. If not, definitely next!" he said in March 2019.
RELATED STORIES
In Shenzhen the autonomous vehicle industry appears to be changing gears, with trial robotaxis fast becoming a common sight
China's search engine giant Baidu Inc on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with plans to put it to use for its robotaxi service in China next year.
From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers – at least in China.
