New Delhi:Tesla CEOElon Musk on Saturday confirmed that he will not visit India in April amid crucial Tesla quarterly results and will possibly visit the country later this year to announce his investment plans.
"Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year," Musk said in a post on X (formally Twitter) on Saturday.
The billionaire has to address five key issues during the conference call of Tesla on April 23, according to the latest report from leading investment firm Wedbush Securities.
The five critical concerns are: Strategies to reverse negative growth in China and pricing plans; provide clear 2024 goals and financial outlook; commit to launching Tesla Model 2 alongside robotaxis development; clarify AI initiatives and ownership concerns; and announce an AI day to outline strategy and monetisation, according to the report.
Last week, Musk had posted that he was looking forward to meeting Prime Minister Narendra Modi. The billionaire was scheduled to visit India during April 21 and 22, and was expected to meet PM Modi and announce plans to enter the India market. The SpaceX CEO was also set to meet representatives of Indian space companies during his India visit.