Tesla To Set-up Operations In Bengaluru, Registers Indian Subsidiary
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The wait is nearly over as American electric carmaker Tesla is all set to set-up operations in India and zeroed down on Karnataka, as its preferred state to set-up its headquarters. According to the documents seen by carandbike, the electric auto giant has registered its Indian subsidiary under the name Tesla India Motors and Energy Private Ltd , which was incorporated in Bengaluru on January 8, 2021. The company is expected to commence operations by June this year and the first product to be made available will be the Model 3 sedan, according to reports.
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Motorists charge their vehicles at a Tesla supercharging location next to a fast-food restaurant off Interstate 70 Wednesday, Dec. 30, 2020, in Limon, Colo.
Ending years of wait and speculation, Tesla CEO Elon Musk has finally entered India by registering Tesla as a company in Bengaluru. According to the details available on the Registrar of Companies website, Tesla India Motors and Energy Private Limited has been incorporated and the registered address is in Lavelle Road, Bengaluru. Tesla registered its Indian subsidiary with the Registrar of Companies (RoC) in Bengaluru on January 8, with Rs 15 lakh authorised capital and Rs 1 lakh paid-up capital. Tesla India Motors and Energy Ltd has been opened in the city centre, with Vibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein as its directors, said the company in its filing with the RoC.
Tesla finally enters India, first stop is Bengaluru
By IANS |
Published on
Tue, Jan 12 2021 23:12 IST |
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Tesla car. Image Source: Xinhua/Lai Xinlin/IANS
New Delhi, Jan 12 : Ending years of wait and speculation, Tesla CEO Elon Musk has finally entered India by registering Tesla as a company in Bengaluru.
According to the details available on the Registrar of Companies website, Tesla India Motors and Energy Private Limited has been incorporated and the registered address is in Lavelle Road, Bengaluru. Tesla registered its Indian subsidiary with the Registrar of Companies (RoC) in Bengaluru on January 8, with Rs 15 lakh authorised capital and Rs 1 lakh paid-up capital. Tesla India Motors and Energy Ltd has been opened in the city centre, with Vibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein as its directors, said the company in its filing with the RoC.
Electric vehicle giant Tesla has officially registered with the Registrar of Companies in India at its Bengaluru branch. Tesla India Motors and Energy Private Ltd incorporated itself in Bengaluru on January 8, the filings available with the Ministry of Corporate Affairs show. Vaibhav Taneja, Venkatrangam Sreeram, and David Jon Feinstein are directors of the incorporated