“Warned Elon Musk” against choosing China over India: businessman Vivek Wadhwa

New Delhi:

Indian-American academic, entrepreneur and writer Vivek Wadhwa said on Monday that he had warned Tesla and SpaceX CEO Elon Musk not to choose China as they would “rob him blind” and instead , asked him to consider moving production to India.

Quoting Russia Europe Asia Study Center Director Theresa Fallon in a post on -like for China”, Vivek Wadhwa said he had “exchanged emails with Musk about the risks in China a few years ago”.

Elon will be the biggest loser here.

A few years ago, I exchanged emails with him about the risks in China. I warned him that they would rob him blind and encouraged him to consider moving production to India, where he would have already dominated the market. https://t.co/yohQBhz2JN

-Vivek Wadhwa (@wadhwa) May 12, 2024

“Elon will be the biggest loser here. I warned him they would rob him blind and encouraged him to consider moving production to India, where he would have already dominated the market,” he wrote.

Vivek Wadhwa’s post comes after Elon Musk, who was supposed 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 .

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

(Except the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)