- Elon Musk postpones India visit, citing pressing Tesla obligations.
- Musk to address pivotal issues during Tesla’s quarterly results announcement.
- India visit delay disappoints enthusiasts, but Musk expresses eagerness for future plans.
Elon Musk disappoints Tesla enthusiasts in India by postponing his visit due to pressing Tesla obligations. Originally scheduled for next week, Musk cited the imminent announcement of Tesla’s quarterly results and pivotal issues to address.
Musk is set to tackle five key concerns during the earnings conference call on April 23, including strategies to reverse declining growth in China, pricing plans, and clarifying goals for 2024. Analysts emphasize the importance of substantive answers amidst challenges like global layoffs and intense competition in the electric vehicle market.
Despite the setback, Musk expresses eagerness to visit India later in the year, aiming to unveil substantial investments and explore opportunities in the Indian market, including potential partnerships with space startups and regulatory approvals for Starlink satellite broadband services.
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.
— Elon Musk (@elonmusk) April 20, 2024