Tesla investment announcement will not violate model code of conduct: Legal experts
Published by Moneycontrol
Legal experts are of the opinion that the likely announcement of Tesla Inc’s entry into India during CEO Elon Musk’s visit on April 22 does not violate the Model Code of Conduct (MCC) imposed by the Election Commission of India (ECI) due to the upcoming general elections.
“As far as the announcement of an investment by Tesla is concerned, the same can at best be said to be coinciding with the general elections. However, such a coincidence does not have the potential in any manner for Tesla to be found in violation of the MCC,” senior advocate and former Additional Solicitor General (ASG) Sanjay Jain said.
Jain added that the mere announcement of expansion of business operations in a country by a multinational company cannot be equated to a governmental scheme, which has the potential of influencing the minds of voters, when the MCC is in place.
Meanwhile, Musk took to X (formerly twitter) to confirm the chatter around his India visit on April 10. “Looking forward to meeting with Prime Minister Narendra Modi in India!” he said in a post on the social media platform. His visit coincides with the general election, which is set to begin on April 19.