Tesla to choose location for factory in India by 2023 end: Report

Elon Musk said that Tesla could choose a location for establishing a factory in India by the end of 2023, Reuters reported.

Musk replied in the affirmative upon being asked by Wall Street Journal's Thorold Barker if the event in the country was interesting. Absolutely, is what the Tesla Chief is said to have told the publication, Reuters stated. 

The auto company is 'serious' about its intention of setting up a base in the country, Reuters had reported the previous week. At the beginning of the year, Tesla also announced plans of establishing a gigafactory in Mexico, as it aims to spread out its global output.

James Murdoch, a board director of the company said in court the previous year that Musk had identified a person as a viable successor, during a period of time when investors were perturbed about his ongoings with Twitter, Reuters said. Musk has said a new person would helm the microblogging website, and he would pay more attention to Tesla, the newswire reported.