Elon Musk meets with Indian PM Modi, says Tesla may make ‘significant investment’

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Tesla is likely to make a significant investment in India, its CEO Elon Musk said on June 20, 2023, after meeting with Indian Prime Minister Narendra Modi during the leader’s US visit. Tesla and India revived discussions in May following a year-long stand-off. While Tesla executives talked about the domestic sourcing of parts and incentives with government officials during a recent India visit, it did not culminate in a proposal to set up a plant.