American electric vehicle maker Tesla, which has been instrumental in taking EVs mainstream in international markets, has made its first move in the Indian market by registering its office in Bengaluru, Karnataka.
The company has been registered as Tesla Motors India & Energy Pvt Ltd
Tesla’s manufacturing base in India is still unclear
Market launch sometime in 2021
Details on Tesla’s India operations
In an RoC (Registration of Company) document accessed by our sister publication Autocar Professional, Tesla has registered its office in Bengaluru. The company, registered as Tesla Motors India & Energy Pvt Ltd, has named three directors as part of its team in the country – Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein.
The company is registered with an authorised capital of Rs 15 lakh and paid-up capital of Rs 1 lakh. This…