Ending Soon! Save 33% on All Access

What Led Elon Musk To Postpone India Trip 'Heavy Obligations', global layoffs and huge bot operations running on the micro-blogging site X, the reasons are plenty

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


Tesla founder Elon Musk on Saturday morning said he has postponed his trip to India citing 'very heavy Tesla obligations.' Musk, who also owns SpaceX, was to meet Prime Minister Narendra Modi during his two-day visit and was expected to announce investments of $2-3 billion for expanding his businesses in India.

"Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year," Musk confirmed on X but also said he looks forward to visiting India later this year.

Musk last week said that he was "looking forward to meeting with Prime Minister Narendra Modi in India," reports said he could arrive here on April 21. He met the Prime Minister in the US last June and assured that Tesla will enter the Indian market.

As the Indian government announced a policy lowering high tariffs on imported cars if firms invest locally, Musk's investment was focused on building a factory for entry-level cars amid the long-awaited Tesla Inc's entry into the Indian market.

Musk has to reportedly attend a crucial conference call on April 23 in the United States to answer questions about Tesla's first quarter performance.

Tesla would cut at least 10% of its global workforce

Less than two weeks after Tesla announced its first year-over-year delivery drop since 2020, CEO Elon Musk sent an internal email to staff stating that the company would cut at least 10% of its global workforce.

Musk's memo, sent at close to midnight PST on Sunday in California, explained that "there has been duplication of roles and job functions in certain areas" and that the layoffs would happen "for cost reductions and increasing productivity."

Tesla employees shared rumors of layoffs as high as 20% with Electrek on Sunday. Musk's email confirmed that the percentage was more than 10% without specifically stating how many employees will be affected.

Reports suggest Tesla had 140,473 employees globally as of December 31, as per 2023 annual report, indicating that at least 14,000 people will be impacted.

Lingering issues: Musk defends crackdown on bot operations on X

Huge bot operations are run on the micro-blogging site X, which is reducing the content quality to a great extent, Elon Musk said on Saturday, as he defended his decision to act on spam accounts which resulted in many users losing followers.

"I'm just talking about people running massive bot spam operations that unequivocally reduce the quality of content," the billionaire responded to a follower, earlier this month as the social media platform kicked off the exercise to remove bots.

As per reports he clarified that the ban on fake engagement refers to those who use bots to artificially inflate their engagement. "Botting for fake engagement," said the Tesla CEO. The action came as porn bots flooded X in the last few months. Earlier this week, Musk announced that new X users may be charged for posting content on the micro-blogging site.

Entrepreneur Staff

Entrepreneur Staff


For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.


What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.