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Elon Musk searching location for new Tesla factory, is India on list?

Tesla CEO Elon Musk said that they will be finalising the new factory location by the end of 2023.

Edited By: Shashwat Bhandari @ShashBhandari New Delhi Published : May 24, 2023 19:27 IST, Updated : May 25, 2023 3:44 IST
Tesla cars sit at Tesla's Giga Texas automotive
Image Source : AP Tesla cars sit at Tesla's Giga Texas automotive manufacturing facility in Austin, Texas.

Tesla CEO and Twitter boss Elon Musk is looking for a location to set up a new factory for Tesla.

Musk has said that they will be finalising the new factory location by the end of 2023.

On being asked if India is on his list to set up the new factory, Elon Musk while speaking to Wall Street Journal's Thorold Barker, said, "Absolutely". 

Earlier, India's deputy technology minister told Reuters that Tesla is serious about its plans to establish a manufacturing base in India.

In another development, Musk signaled that Twitter might not keep its headquarters in San Francisco forever. 

Speaking virtually at the Wall Street Journal's CEO Council Summit in London, Musk gave a noncommittal answer to an interviewer's question about whether the company will stay in the California city. 

San Francisco officials announced last week they are investigating Twitter after six former employees alleged that Musk's team broke laws by turning the company's headquarters into a “Twitter Hotel.”

The idea was to create sleeping quarters for workers who were pushed to stay up late working on the social media platform after Musk fired or laid off nearly 80% of Twitter's employee base.

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