🚀 Exciting News Alert 🚀
🌍 Elon Musk to Visit India for Meeting with PM Modi
📅 Date unspecified Elon Musk announces visit to India to meet with Prime Minister Narendra Modi
💼 Expected major investment plans to be announced in the country soon by the Tesla boss
🚗 India cuts import taxes on electric vehicles (EV) for global carmakers committing to investing $500m and starting local production within three years
📉 Tesla's shares have declined by almost a third since the beginning of the year amidst increased competition and falling demand in key markets like China
📈 India surpasses the UK in 2022 to become the world's fifth-largest economy with a growth rate of 8.4% in the December quarter
Exciting developments ahead for Tesla and India's economy