Musk postpones India visit, citing heavy Tesla obligations

Elon Musk postponed his visit to India which would have included a meeting with Prime Minister Narendra Modi, saying he has to deal with “very heavy” obligations at Tesla Inc., Report informs referring to Bloomberg.

“Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year,” the billionaire said in a post on X. He had been scheduled to visit for two days — April 21 and 22 — to announce plans to enter the Indian market.

The decision to postpone comes after a hectic week at Tesla. Early Sunday, Musk announced in a memo to the company’s more than 140,000 employees that he was reducing headcount by more than 10% globally. Two top executives also departed.