Adar Poonawalla | Tesla: Adar Poonawalla to Elon Musk: Invest in India for manufacturing Tesla cars

Musk is the CEO of US-based automotive and clean energy company Tesla Inc and heads two of his other ventures, SpaceX and The Boring Company. Musk, the world’s richest individual, recently struck a deal to buy Twitter for $44 billion.

Poonawalla took to Twitter and suggested that if the Twitter deal were to fall through, Musk should consider investing that capital in India for high-quality large-scale manufacturing of @Tesla cars.

“Hey
@elonmusk just in case you don’t end up buying
@Twitter, do look at investing some of that capital in INDIA for high-quality large-scale manufacturing of
@Tesla cars. I assure you this will be the best investment you’ll ever make,” Poonawalla tweeted.

Musk has secured about $7.1 billion of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capital, to help fund his proposed $44 billion takeover of Twitter Inc.

The equity commitments from 19 investors come as the Tesla Inc. billionaire marshals capital to bankroll one of the biggest tech industry takeovers. Musk had originally said he planned to fund the deal in part with a $12.5 billion loan against his shares in Tesla, the electric-vehicle company he runs.

CNBC reported that Musk plans to serve as chief executive officer of Twitter, at least temporarily.