JSW Steel Managing Director Sajjan Jindal claimed that Tesla boss Elon Musk will not be able to compete with Indian automakers. He dismissed the expectations of Musk disrupting the Indian market.<\/p>\n\n\n\n
\u201cElon Musk\u00a0is not here. He is in the US\u2026.we Indians are here. He cannot produce what Mahindra can do, what Tata can do\u2014it\u2019s not possible,” Jindal stated at the EY Entrepreneur of the Year awards programme.<\/p>\n\n\n\n
He also appreciated Musk’s achievements and credited US President Donald Trump as well.<\/p>\n\n\n\n
\u201cHe (Musk) can do under\u00a0Trump\u2019s shadow, in the US. He\u2019s super smart, no question about it. He\u2019s a maverick, doing spacecraft and all that. He\u2019s done amazing work, so I don\u2019t want to take anything from him. But to be successful in India is not an easy job,\u201d Jindal said.<\/p>\n\n\n\n
Social media users reacted<\/p>\n\n\n\n
Following\u00a0Jindal’s claim, several social media users have reacted to his statement. Most users have criticised his claim.<\/p>\n\n\n\n
One of the users commented, \u201cGood entertainment. How much these companies invest in R&D? One company I see still makes the three wheeler since my childhood day and I am already a confirmed social media until!\u201d<\/p>\n\n\n\n
Social media users reacted<\/strong><\/p>\n\n\n\n Following\u00a0Jindal’s claim, several social media users have reacted to his statement. Most users have criticised his claim.<\/p>\n\n\n\n One of the users commented, \u201cGood entertainment. How much these companies invest in R&D? One company I see still makes the three wheeler since my childhood day and I am already a confirmed social media until!\u201d<\/p>\n\n\n\n \u201cDecade back, the same doubts were cast on @elonmusk by US industrialists, automakers, and even NASA\u2014and all were proven wrong. You can’t defeat someone who relentlessly pursues their goals despite setbacks. Think twice before forming conclusions,\u201d added another.<\/p>\n\n\n\n \u201cHe is right; Babus will not tolerate Musk’s tantrums,\u201d one of the users commented.<\/p>\n\n\n\n \u201cThis guy will be proven wrong. That ego will be shattered. Wait and watch,\u201d added one of the users.<\/p>\n\n\n\n Another concerned user, \u201cHappy to hear this take. If we have better cars, why aren\u2019t we able to sell them around the world like Tesla, BYD, Toyota? You can deny the facts and get claps. We should be ready to tackle Tesla in India.\u201d<\/p>\n\n\n\n Some users also echoed Jindal’s sentiment.<\/p>\n\n\n\n One of the users said, \u201cTesla is exorbitantly expensive. He will be in competition with a different league. Mass Market will be different. A healthy competition will push up our capabilities also. Definitely, we support TATA and Mahindra. Tesla will be only a small market.\u201d<\/p>\n\n\n\n \u201cHe could be right. If you think why, then just look into the past. Why General Motors, Ford closed their business in India. For car market Indian are more aligned with Asian cars like Japan or South Koria but not America or Europe (sic),\u201d added one of the users.<\/p>\n\n\n\n Tesla in India<\/strong><\/p>\n\n\n\n Jindal’s statement comes after Tesla signed a lease agreement for a showroom in Mumbai, according to a report by Reuters. The carmaker has secured a five-year lease starting from February 16, 2025. Tesla has also identified showroom locations in New Delhi and Mumbai. The development comes after Elon Musk met Prime Minister Narendra Modi in the United States last year.<\/p>\n\n\n\n Eqwires Research Analyst<\/a><\/strong><\/p>\n\n\n\n Top-notch SEBI registered research analyst<\/a><\/strong><\/p>\n\n\n\n Best SEBI registered Intraday tips provider <\/a><\/strong><\/p>\n\n\n\n info@eqwires.com<\/strong><\/a><\/p>\n\n\n\n Telegram <\/a>| Facebook <\/a>| Instagram<\/a><\/strong><\/p>\n\n\n\n Call: +91 9624421555 \/ +91 9624461555<\/em><\/strong><\/p>\n\n\n\n www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" JSW Steel Managing Director Sajjan Jindal claimed that Tesla boss Elon Musk will not be able to compete with Indian automakers. He dismissed the expectations of Musk disrupting the Indian market. \u201cElon Musk\u00a0is not here. He is in the US\u2026.we Indians are here. He cannot produce what Mahindra can do, what Tata can do\u2014it\u2019s not possible,” Jindal stated at the EY Entrepreneur of the Year awards programme. He also appreciated Musk’s achievements and credited US … Continue reading “Sajjan Jindal\u2019s claim on Elon Musk not succeeding in India leaves internet divided, \u2018That ego will be shattered\u2019”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":3809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-3808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=3808"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3808\/revisions"}],"predecessor-version":[{"id":3810,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3808\/revisions\/3810"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/3809"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=3808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=3808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=3808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}