Tesla may have a solution to the Elon Musk problem

Tesla has a nightmare year, and a lot of damage can be tracked directly to its CEO, Elon Musk.

After spending nearly $ 290 million to help Donald Trump returning to the White House, Musk has played a specially designed in the administration, headed by the new government of government (DOGE). His push to reduce federal agencies and cut social programs, as well as embrace controversial theories, sparked global protests outside Tesla showrooms. The base of the liberal company, once its greatest assets, felt isolated, with the regret of many owners publicly their purchases.

The reverse reaction was brutal. In the first quarter, global Tesla sales decreased by 13 %, and its net income decreased by 71 % to $ 409 million compared to the previous year. The shares of the company have fell more than 20 % since January. With the early data that indicates that the slide does not stop, the reputation damage appears deep and durable, even after the stunning Musk falls with the president and leaving the administration.

But Tesla may have a plan to escape. According to a new report issued by Bloomberg, the auto company turns its attention to India.

The company is preparing to open the first showroom in Mumbai by mid -July, with another scheme for New Delhi after a short period. The first shipment of Chinese vehicles, especially the best Yuc -best model, has been sent to the country. This step is not only about expansion; It is a strategic axis about the third largest car market in the world, and it is a market that can compensate for the demand for celebrations in Europe and the stiffness of the competition from the Chinese competition by.

For years, Tesla’s attempts to enter India failed, stumbled due to differences about local manufacturing requirements and pricing. It seems that this penetration came in February, after Musk met with Indian Prime Minister Narendra Modi during his visit to Washington. The two leaders spoke again on the phone in April.

“I spoke to @elonmusk and talked about various issues,” Modi posted on X.

Talk to Elonmusk I talked about many issues, including the topics that we covered during our meeting in Washington, DC, earlier this year. We discussed the tremendous potential for cooperation in the fields of technology and innovation. India is still committed to progress in …

Narendra Modi April 18, 2025

Musk enthusiastically replied, “I look forward to visiting India later this year!”

It was an honor to speak with PM Modi.

I am looking to visit India later this year! https://t.co/tyup6w5Gys

Elon Musk (@elonmusk) April 19, 2025

For a company that desperately needs to change the narration, this axis can be a huge, non -exploited market that is the lifeline it needs. The question is whether a new chapter in India can be sufficient to repair the damage to the home.

Tesla did not immediately respond to Gizmodo’s request for comment.