The Jindal MD Sajjan Jindal group recently expressed doubts about the ability of the Elon Musk technological billionaire to break the Indian market. The boss of the Jindal group said that Musk was in the United States and that he cannot succeed in India since the Indians have been here.
Speaking at the Ernst & Young Entrepreneur of the Year prices, Jindal did not spare any punch. “Elon Musk is not there. He is in the United States. He is likely to come. He cannot succeed in this country. Because we, the Indians are here. We are here,” said Jindal.
He also said that giants such as Mahindra and Mahindra and Tata Motors are too deeply rooted on the Indian market so that Musk even makes a bump. While emphasizing the reality of the Tesla VS Indian Automakers competition, Jindal also recognized Musk’s work via SpaceX.
“He (Musk) cannot produce what Mahira can do, what Tata can do. He can do under the shadow of Trump. He can do in the United States. He is super intelligent. There is no doubt about it. He is at the master title. He is super intelligent. He does this spacex and things like that. He has done incredible things.”
Jindal said it was not easy work for a foreign company to succeed on the Indian market. Meanwhile, Tesla rented an office space of 4,003 square feet in the Maker Maxity building in the region of the Bandra Kurla complex in Mumbai (BKC).
As part of the rental agreement, Tesla India submitted a 2.11 warranty deposit, crore and pay 35.26 Lakh as a monthly rent, with an annual climbing of 5%. The rental agreement is valid for 5 years from February 2025.
The office space is located near the Apple retail store in Jio World Drive, consisting of Reliance Industries (RIL). In addition, the automotive manufacturer based in the United States has listed 20 job offers in India – 15 in Mumbai and 5 in Pune. He also explores the locations of exhibition halls in Mumbai and Delhi.
The Y model of Tesla is planned at the first car manufacturer’s offer in India, with its launch planned in the second half of 2025. Tesla Model should be evaluated between 60 and 70 Lakh, its competitors being entry-level offers from Mercedes-Benz, BMW and Audi.
