The Serum Institute of India's Chief Executive Officer (CEO) Adar Poonawalla on Sunday reached out to Tesla CEO Elon Musk on Twitter giving him a suggestion on the best investment he could ever make.
"Hey @elonmusk just in case you don't end up buying @Twitter, do look at investing some of that capital in INDIA for high-quality large-scale manufacturing of @Tesla cars. I assure you this will be the best investment you'll ever make," Poonawalla tweeted.
Last month, Twitter had announced that it had entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion.Hey @elonmusk just in case you don't end up buying @Twitter, do look at investing some of that capital in INDIA for high-quality large-scale manufacturing of @Tesla cars. I assure you this will be the best investment you'll ever make.
— Adar Poonawalla (@adarpoonawalla) May 8, 2022
Musk, the world's richest man, is also the CEO at Tesla Inc and heads two other ventures, The Boring Company and SpaceX.
Last week, Union Road Transport and Highways Minister Nitin Gadkari said that if Tesla manufactures its electric vehicles in India then the company will also get benefits.
Last month, Gadkari had said that if Tesla is ready to manufacture its EVs in India then there is 'no problem', but the company must not import cars from China. "If Elon Musk is ready to manufacture in India then there is no problem... Come to India, start manufacturing. India is a large market, they can export from India," he had said.
Earlier this year, when a Twitter user asked Musk when Tesla would be launched in India, he had said, "Still working through a lot of challenges with the government."
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
In Ayodhya, voters talk of a promise fulfilled and yearning for development
May 17, 2024 2:10 PM
Fight of heavyweights in Sambalpur where farmers, weavers hold the key
May 17, 2024 12:25 PM
Odisha: Fight of heavyweights in Sambalpur where farmers, weavers hold the key
May 17, 2024 10:22 AM
Lok Sabha Election 2024: What rural Delhi wants
May 16, 2024 10:10 PM