Elon Musk, CEO of Tesla said he plans to take his business to India within one year. In a recent interaction with the Avishkar Hyperloop Team of IIT Madras, Musk said the launch is likely to take place within a year, the team said in a statement. No further information about the release was disclosed by Musk.
Avishkar Hyperloop is a student group from the Center for Innovation (CFI) — IIT Madras collaborating on a native layout and production to build India’s first self-powered, fully independent Hyperloop Pod.
For a couple of years now, Tesla, an American automotive and energy multinational, is looking to introduce its cars on the Indian market. Musk had tweeted in May, “Would love to be in India. Some challenging government regulations, unfortunately. Deepak Ahuja, our CFO, is from India. Tesla will be there as soon as he believes we should.” Musk had previously blamed the government’s strategies for ending his India wishes.
The Avishkar team made progress as a debut finalist and was the only Asian team to qualify for the SpaceX Hyperloop Pod Competition 2019 finals, organized by SpaceX, an American manufacturer of aerospace and space transportation. It was one of the top 21 teams out of more than 1600 participants that participated in this case worldwide.
The final round (testing and evaluating the real prototype) took place on July 21, 2019, at SpaceX Headquarters in California, USA, in this contest. The group interacted with and clarified their thoughts to Elon Musk, the SpaceX CEO.