Summary:
On January 8, Tesla registered a company named Tesla India Motors and Energy in Bengaluru, and with that Tesla has made its debut in India.
Founder Elon Musk, the world’s second-richest man, had indicated last year that Tesla would start selling its cars in India in 2021.
However, it’s not clear what exactly the company will do – R&D, sales, or manufacturing.
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On January 8, Tesla registered a company named Tesla India Motors and Energy in Bengaluru, and with that Tesla has made its debut in India.
Founder Elon Musk, the world’s second-richest man, had indicated last year that Tesla would start selling its cars in India in 2021.
However, it’s not clear what exactly the company will do – R&D, sales, or manufacturing.
Union road transport and highways minister Nitin Gadkari had said in December that Tesla will commence sales in India in 2021, and would evaluate assembly or manufacturing based on the market response it receives.
The US electric carmaker is known to be doing R&D in association with at least one of the auto engineering companies in Bengaluru.
The registered company has three directors Vaibhav Taneja, Venkatrangam Sreeram, and David Feinstein.
Taneja is the chief accounting officer at Tesla.
Feinstein is senior director of global trade and new markets (finance) at Tesla.
Sreeram’s status is not clear.