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Tesla to set up electric car manufacturing plant in Karnataka, says CM Yediyurappa

Tesla to set up electric car manufacturing plant in Karnataka, says CM Yediyurappa
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(MINT PRINT)
Elon Musk, founder and chief executive officer of Tesla, said earlier that US electric carmaker will make a foray into India in 2021
In January, Elon Musk s company set up a subsidiary named Tesla India Motors and Energy Pvt. Ltd in Bengaluru
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Tesla Inc will set up an electric car manufacturing unit in Karnataka, said chief minister BS Yediyurappa in a statement. The statement was a part of release listing benefits for the southern state under the Union Budget 2021. American firm Tesla will open its electric car manufacturing unit in Karnataka, Yediyurappa said in a statement in Kannada. ....

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Tesla CEO Elon Musk confirms India entry, opens unit in Bengaluru

Tesla CEO Elon Musk confirms India entry, opens unit in Bengaluru
India
Published: Thursday, January 14, 2021, 18:34 [IST]
New Delhi, Jan 14: Tesla CEO Elon Musk has confirmed the company s plans to enter the Indian market, within days of the electric vehicle maker registering its arm in the country.
As promised, Musk tweeted in response to a thread linked to a blog that analysed how India could still be a market to be developed for Tesla cars despite its high prices.
Earlier this week, it emerged that US electric car maker Tesla has registered its Indian arm amid indications that the company is set to enter the country s automobile market. ....

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Who are the three directors in Tesla's new Indian subsidiary?

Who are the three directors in Tesla s new Indian subsidiary?
India
Published: Wednesday, January 13, 2021, 15:59 [IST]
Bengaluru, Jan 13: As Tesla has registered its Indian entity in Bengaluru it has named three directors of whom two are Indian.
Vaibhav Taneja, David Jon Feinstein and Venkatrangam Sreeram have been named as directors in its newly-registered Indian subsidiary, Tesla India Motors and Energy.
While Taneja is Tesla s Chief Accounting Officer, Feinstein is Senior Director, Global Trade and New Markets.
Sreeram is a Bengaluru entrepreneur who has co-founded automotive tech companies Xenon Automotive and ClearQuote, both of which operate in automotive aftermarket space.
This comes after ETAuto broke the news about its entry and launch plans of Model 3 on 26 December 2020. The company was incorporated on 08 January 2021 and is classified as a private subsidiary of a foreign company. It s authorized share capital is INR 15.00 lakh and the total ....

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