Mr Wadhwa’s feedback come after Elon Musk postponed his journey to India.
Vivek Wadhwa, an Indian-American entrepreneur and writer, in a social media submit, questioned billionaire Elon Musk’s determination to decide on China over India for Tesla’s manufacturing operations. Taking to X (previously Twitter), Mr Wadhwa wrote that “Elon goes to be the largest loser” by selecting China over India. He quoted a submit by the Director of Centre for Russia Europe Asia Research, Theresa Fallon, who mentioned that US and European automakers are failing in China as a result of they have been wanting just for short-term acquire and transferring know-how, administration methods and know-how to China. “It was good whereas it lasted however that period is over,” mentioned Ms Fallon.
Reacting to this, Mr Wadhwa recalled that just a few years in the past, he exchanged emails with the Tesla CEO in regards to the dangers in China. He warned the billionaire that China would “rob him blind” and urged him to contemplate transferring Tesla manufacturing to India
“Elon goes to be the largest loser right here. A couple of years in the past, I exchanged emails with him in regards to the dangers in China. I warned him they’d rob him blind and urged him to contemplate transferring manufacturing to India as an alternative, the place he would have dominated the market by now,” Mr Wadhwa wrote.
Check out the submit beneath:
Elon goes to be the largest loser right here.
A couple of years in the past, I exchanged emails with him in regards to the dangers in China. I warned him they’d rob him blind and urged him to contemplate transferring manufacturing to India as an alternative, the place he would have dominated the market by now. https://t.co/yohQBhz2JN
— Vivek Wadhwa (@wadhwa) Might 12, 2024
Mr Wadhwa shared the submit on Monday. Since then it has accrued greater than 87,000 views and a number of other feedback.
“Nice level! Unsuitable to suppose Tesla is just too dear for India, take a look at how Apple is dominating as soon as they bought native in manuf and retail. India is ready to be its third greatest market very quickly,” wrote one consumer.
“I’m certain he is totally conscious of the problem. In any case there have been good causes for going with China. 1. They wrote Tesla a clean examine, they financed the manufacturing facility and the tooling fully, nowhere else supplied the identical deal, 2. Entry to battery provide chain,” commented one other.
Additionally Learn | OpenAI’s New Demo “Made Me Cringe”: Elon Musk
Notably, Mr Wadhwa’s feedback come after Elon Musk postponed his journey to India and headed to China on a shock go to to the nation. Based on CNN, throughout his go to, the billionaire met with Chinese language Premier Li Qiang, who praised Tesla as a “profitable mannequin” for US-China collaboration. In China, Mr Musk was searching for Beijing’s approval for the rollout of Full Self-Driving software program in China and the switch of its information abroad.
