What Will Be Elon Musk’s Best Investment? Check Adar Poonawalla’s Advice

Pune: Adar Poonawalla has an advice for the world’s richest person Elon Musk.

In fact, the CEO of Serum Institute of India (SII) feels it will be the ‘best investment’ for the Tesla boss who is set to buy Twitter for a $44 billion deal.

“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 wrote on Twitter.

Musk’s response is awaited.

Tesla Motors, which makes electric vehicles, came close to making its India debut last year as Karnataka was chosen to set up a facility of the automobile manufacturer. However, despite CM BS Yediyurappa making an announcement, it didn’t materialize.

States like Maharashtra, Telangana, West Bengal, Punjab and Tamil Nadu have also invited Musk to bring Tesla to India.

Union minister Nitin Gadkari said recently that Tesla is welcome in India.

“We don’t have any problem… but suppose he wants to manufacture in China and sell in India, it cannot be a good proposition for India. Our request to him is, come to India and manufacture here,” Gadkari was quoted as saying by ANI.

“We have got all the competencies, the vendors are available. We have got all types of technology and because of that, he can reduce the cost,” Gadkari stated.

On Tesla’s possible launch in India, Musk said earlier this year that they are still working through a “lot of challenges with the government”.