Elon Musk, the CEO of Tesla Inc., stated on Tuesday that the manufacturer will likely choose an area for its next manufacturing plant before the final month of this year.
Musk said "Absolutely" when questioned about India by Wall Street Journal reporter Thorold Barker at a gathering.
The nation's deputy minister for technology informed Reuters last week that Tesla is "serious" about its aspirations to create a production facility there.
The richest manufacturer in the world, Tesla, revealed previously this year that it will establish a gigafactory in Mexico.
Elon Musk, the owner of several other companies in addition to Tesla, SpaceX, and Twitter and the CEO of those companies, raised the concept of establishing an educational institution on Tuesday without providing any further specifics.
He claimed to have chosen a board replacement who can lead the business in the worst-case situation. "I've told the board 'Look, if something happens to me unexpectedly, this is my recommendation for taking over,'" he said.
Musk has identified a prospective successor to lead the electric vehicle manufacturer, according to James Murdoch, a Tesla board director, who presented testimony in court last year. This was at the point when investors were worried about Musk's diversion with Twitter. Musk recently said that there will be a new Twitter CEO and promised to concentrate more on Tesla.
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