Elon Musk May Announce Tesla Factory in India During Visit with PM Modi

• Elon Musk rumored to visit India this month to meet with Prime Minister Modi • Speculation he will announce plans to build a Tesla factory in India • India recently reduced import duties on EVs if automakers commit to local manufacturing • Tesla will need to invest $500M in India within 3 years under new policy • Unclear if India factory plans affect stalled plans for Gigafactory Mexico