Tesla's Loss, Not India’s: Ola CEO on Elon Musk-Led Company Not Investing in India
The decision by Tesla to refrain from investing in the Indian market represents a significant missed opportunity for the US-based electric vehicle (EV) giant, according to Bhavish Aggarwal, CEO of Ola Cabs. In a statement shared on social media platform X (formerly Twitter), Aggarwal emphasized that the impact of Tesla's choice is more detrimental to the company itself rather than to India. "If true, this is Tesla’s loss, not India’s," Aggarwal remarked, underscoring India's rapidly growing EV and lithium ecosystem. Despite its nascent stage, the Indian market is gaining momentum swiftly, positioning itself as a formidable player in the global EV landscape. Aggarwal also suggested that Tesla might find it too late to enter India seriously again in the near future. The sentiment follows a report by Bloomberg indicating that Tesla has ceased responding to inquiries from New Delhi officials and no longer plans to expand its presence in India. The report attributes Te
