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Excerpt from www.ndtv.com
“Warned Elon Musk” Against Picking China Over India: Entrepreneur Vivek Wadhwa
Indian-American academic, entrepreneur and author Vivek Wadhwa on Monday said that he had warned the Tesla and SpaceX CEO Elon Musk not to pick China as they would “rob him blind” and instead asked him to consider moving manufacturing to India.
Quoting the Director of Centre for Russia Europe Asia Studies, Theresa Fallon, in a post on X, who said that US and European automakers are failing in China because “they were looking only for short-term gain and transferring technology, management techniques and know-how to China,” Vivek Wadhwa said that he had “exchanged emails with Musk about the risks in China a few years ago.”
… “Elon is going to be the biggest loser here. I warned him they would rob him blind and urged him to consider moving manufacturing to India instead, where he would have dominated the market by now,” he wrote.
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