January 27, 2021

Elon Musk’s tweet leaves auto industry wondering

Elon Musk, the founder of American electric carmaker Tesla, highlighted India’s plans to shift to an all-electric fleet by 2030, just hours after quitting from US President Donald Trump’s advisory council over his decision to pull out of the Paris climate accord..
Musk’s words were lapped up by Anand Mahindra, the chairman of Mahindra & Mahindra, who invited the US businessman to India for selling his green cars.
“India commits to sell only electric cars by 2030. It is already the largest market for solar power,” Musk tweeted, an apparent reference to India’s growing efforts towards promoting cleaner energy.
Mahindra, who has large plans in the electric vehicle space, responded to Musk’s tweet. “Time you got out here Elon. You don’t want to leave that whole market to Mahindra do you?? The more the merrier — and greener..!,” Mahindra — who is usually very active on the social media -tweeted. Musk acknowledged Mahindra’s comment with a “good point :)” tweet.
Industry experts and companies say Musk’s comments are more as a posturing against Trump’s withdrawal from the Paris climate deal. The electric vehicle ecosystem is in its infancy in the country and it will take years to gain popularity .
Musk has been showing interest of bringing his electric car to India, though he recently raised some doubts over certain regulatory concerns. However, the Indian government dispelled his apprehensions and said that businessman was welcome to invest in India.
The chatter of Mush and Mahindra was lapped up by the twitterati, who had many comments to offer to the two businessmen.