Vivek Wadhwa’s publish comes after Elon Musk cancelled India journey solely to look in China days later (File)
New Delhi:
Indian-American tutorial, entrepreneur and creator Vivek Wadhwa on Monday stated that he had warned the Tesla and SpaceX CEO Elon Musk to not choose China as they might “rob him blind” and as a substitute requested him to contemplate transferring manufacturing to India.
Quoting the Director of Centre for Russia Europe Asia Research, Theresa Fallon, in a publish on X, who stated that US and European automakers are failing in China as a result of “they have been trying just for short-term acquire and transferring know-how, administration strategies and know-how to China,” Vivek Wadhwa stated that he had “exchanged emails with Musk in regards to the dangers in China a couple of years in the past.”
Elon goes to be the most important loser right here.
Just a few years in the past, I exchanged emails with him in regards to the dangers in China. I warned him they might rob him blind and urged him to contemplate transferring manufacturing to India as a substitute, the place he would have dominated the market by now. https://t.co/yohQBhz2JN
— Vivek Wadhwa (@wadhwa) Could 12, 2024
“Elon goes to be the most important loser right here. I warned him they might rob him blind and urged him to contemplate transferring manufacturing to India as a substitute, the place he would have dominated the market by now,” he wrote.
Vivek Wadhwa’s publish comes after Elon Musk, who was set to go to India, meet Prime Minister Narendra Modi, and announce a $3 billion funding, cancelled the journey on the final minute, solely to look in China days later.
In April, the tech billionaire stated that he wouldn’t go to India amid essential Tesla quarterly outcomes and can presumably go to the nation later this 12 months to announce his funding plans.
(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)
