Tesla to pick location for new India factory this year, says Musk
By REUTERS | 24 May 2023![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2023/05/Tesla-logo1.jpg)
SAN FRANCISCO: Tesla Inc chief executive officer Elon Musk said on Tuesday the automaker would probably pick a location for a new factory by the end of this year.
When the Wall Street Journal's Thorold Barker asked Musk at an event if India was interesting, he said, "Absolutely".
Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview last week.
Tesla announced earlier this year that it would open a gigafactory in Mexico as the world's most valuable automaker pushes to expand its global output.
Elon Musk, CEO of Tesla, SpaceX, Twitter and founder of several other firms, on Tuesday floated the idea of creating an educational institution that controls most of his votes, without giving details.
He said he has identified a successor to the board so that the person can run the company in "a worst case scenario". "I've told the board 'Look, if something happens to me unexpectedly, this is my recommendation for taking over,'" he said.
James Murdoch, a Tesla board director, testified in court last year that Musk has identified someone as a potential successor to head the electric carmaker at a time when investors were concerned about his distraction with Twitter.
Musk recently announced a new CEO for Twitter, and said he would focus more on Tesla.
Tags
Autos Tesla
Reviews
![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2024/07/2024-Hyundai-Tucson-1-6T-Max-1-300x202.jpg)
7.6
Hyundai Tucson 1.6T Max: Punchy powertrain, roomy, premium c...
![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2024/07/Royal_Enfield_Shotgun_650_1-300x200.jpeg)
6.4
Royal Enfield Shotgun 650: Aiming at the sweet spot
![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2024/07/2024-07-16-15_04_16-Window-300x190.jpg)
8.0
Mercedes-Benz S 580 e: Plug in to hybrid luxury
![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2024/07/Chery_Tiggo_9_A-300x200.jpeg)
Chery Tiggo 9 PHEV: A jaw-dropping juggernaut
![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2024/07/HD_Street_Glide_1-300x199.jpeg)
8.2
Harley-Davidson Street Glide: Slick and comfortable tourer
![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2024/07/iPhone_0X3A1416-Custom-300x200.jpg)
8.2
Chery Omoda E5: Premium features, 430km range (WLTP)
![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2024/07/GWM_Ora_07_1-300x200.jpeg)
GWM Ora 07 Performance: Juiced up and ready to go
![](https://da4dkroembtou.cloudfront.net/wp-content/uploads/2024/07/Triumph_Speed_400_A-300x200.jpeg)
6.8
Triumph Speed 400: Fun and easy on the wallet
Videos
![](https://i.ytimg.com/vi/V4OFuw8vpBc/mqdefault.jpg)
Double take: Electric Porsche Macan RWD and Macan 4S add div...
![](https://i.ytimg.com/vi/EqpdLT8QhmQ/mqdefault.jpg)
New Porsche Panamera blazes record time on Nürburgring
![](https://i.ytimg.com/vi/yXgsalFl7uE/mqdefault.jpg)
Maserati's Exclusive Electric GranCabrio Celebrates 50 Years...
![](https://i.ytimg.com/vi/KYkcy37pD-s/mqdefault.jpg)