Bhavish Aggarwal pokes fun at Elon Musk, says ‘Tesla for West, Ola for Rest’

Ola founder Bhavish Aggarwal says billionaire Elon Musk's Tesla makes products for the one billion rich people, while the larger opportunity is to build for India and the global south.

Anubhav Mukherjee
Published21 Aug 2024, 07:52 PM IST
Ola's Bhavish Aggarwal said Elon Musk should try something new.
Ola’s Bhavish Aggarwal said Elon Musk should try something new.(PTI)

Bhavish Aggarwal, founder and chief executive officer of Ola Electric and Ola Cabs, on Wednesday, August 21, mocked Tesla founder Elon Musk, stating that “Tesla is for the West and Ola is for the rest”. Speaking at Business Today's BT India@100 Conclave in New Delhi, Aggarwal said billionaire Musk's company makes products for the one billion rich people.

“Tesla is for the West, Ola is for the rest. The products that companies like Tesla, etc, will build are for the 1 billion rich people. The larger opportunity is to build for the global south, build for India, and then expand to the global south,” said Aggarwal, adding, “That's what Ola Electric is doing with our products.”

Also Read | Bhavish Aggarwal shares Ola Electric’s design philosophy; details here

The chief of the Indian electric two-wheeler manufacturer has also expressed his views on Musk and his ventures in areas where Ola has a presence. Aggarwal even suggested that Musk should try some new ventures.

“You know, I’m just being myself. I’m much younger than him, and he’s someone we all look up to. But honestly, I’m not sure why he’s venturing into the same businesses I’m in. Maybe he should try something new for a change. I started Krutrim before he launched his AI venture,” Aggarwal said at the conclave.

Also Read | Ola ride turns nightmare: Cabbie threatens Gurugram woman, ’I’ll hit you so ha…’

Bhavish Aggarwal also highlighted his company's achievements, including launching the country's first gigafactory. The eight-month-old Krutrim is focused on the opportunity to build on AI text technology in India.

“For too long in India, we have used global technologies without realising the implication of it,” said Aggarwal.

Also Read | Ola Electric shares surge 90% driven by investor frenzy, market cap over $7 bn

Aggarwal reiterated Ola's vision for India and shed light on how Indians will shape the future. The founder also talked about how growth around the world is shaped by Indian youth and how India is poised to play a big role in the global agenda.

“For me, and Ola, our focus has always been on seizing this pivotal moment for India. We’re living in the most exciting time of our lives, where India is on the rise, and the future will be shaped by Indians,” he said.

“With 20 per cent of the world’s growth happening here and a significant portion of the global youth in India, our country is poised to increasingly set the global agenda,” Aggarwal observed.

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First Published:21 Aug 2024, 07:52 PM IST
Business NewsCompaniesNewsBhavish Aggarwal pokes fun at Elon Musk, says ‘Tesla for West, Ola for Rest’

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