HomeAmericasBusinessAs Musk Talks To China Instead Of India, He Gets A Warning

As Musk Talks To China Instead Of India, He Gets A Warning

As Musk Talks To China Instead Of India, He Gets A Warning

As Musk Talks To China Instead Of India, He Gets A Warning

NEW DELHI, (IANS) – Indian American academic, Vivek Wadhwa on May 13 warned Tesla and SpaceX CEO Elon Musk against picking China as they would “rob him blind” and instead asked him to consider moving manufacturing to India.

Wadhwa’s post comes after Musk, who was set to visit India, meet Prime Minister Narendra Modi, and announce a $3 billion investment, canceled the trip at the last minute, only to appear in China days later.

Indian media was meanwhile going to town about how the Modi government had a deal sealed. The government had even bent rules to accommodate Musk.

In April, the tech billionaire said that he would not visit India amid crucial Tesla quarterly results and will possibly visit the country later this year to announce his investment plans.

Wadhwa, in his post, quoted the Director of Center for Russia Europe Asia Studies, Theresa Fallon, in a post on X, who said that US and European automakers are failing in China because “they were looking only for short-term gain and transferring technology, management techniques and know-how to China.”

“Elon is going to be the biggest loser here. I warned him they would rob him blind and urged him to consider moving manufacturing to India instead, where he would have dominated the market by now,” he wrote.

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