Tesla India Motors & Energy to Start Operations in Bengaluru

  • Published On: 13 January 2021
  • Views
  • 0 Comments
  • Likes
  • 2 min read
  • Download

Tesla plans to launch its first model named Model 3 in India in June this year

Tesla Cars
  • Tesla Cars

Highlights

  • Tesla Motors India and Energy Private Limited was incorporated on January 8, 2021.
  • The Indian unit of Tesla has its office on Lavelle road in Bengaluru.
  • Elon Musk has confirmed the entry of Tesla into the Indian market in 2021.
  • Tesla has set up its R&D unit in Bengaluru.

The American electric car giant, Tesla has finally made its entry into the Indian market. The company has officially registered with the Registrar of Companies in India at its Bengaluru branch. Furthermore, the registration has been done under the name of Tesla India Motors and Energy Private Limited. The carmaker has set up an R&D unit in Bengaluru. 

"Karnataka will lead India's journey towards Green Mobility. Electric Vehicle Manufacturer Tesla will soon start its operations in India with an R&D unit in Bengaluru. I welcome Elon Musk to India and Karnataka and wish him all the very best," tweeted Karnataka Chief Minister BS Yediyurappa recently.


Vehicle


Talking about Tesla India Motors and Energy, the registered office is on Lavelle road, Bengaluru. It has an authorized capital of Rs 15 lakhs. As per the regulatory filings, the Indian unit will have three Directors - Vaibhav Taneja, Venkatrangam Sreeram, and David Feinstein. Vaibhav Taneja is the Chief Accounting Officer at Tesla. While David Feinstein is the Senior Director of Global Trade and New Market(finance). However, Venkatrangam Sreeram’s designation is still not clear. We only have the information that he is the Co-Founder of ClearQuote - an app that basically helps to assess any kind of damage on the vehicles based on smartphone images or videos. Besides these, the company is also in talks with Maharashtra, Gujarat, Andhra Pradesh, and Tamil Nadu regarding expansion of operations. 

Tesla is planning to launch its first model named Model 3 in June this year in India. We can expect the bookings to begin from this month onwards. As for the deliveries, it might commence from the end of the first quarter of the financial year 2021-22. The entry-level sedan will fall in the price range of Rs 55 lakhs - Rs 60 lakhs (ex-showroom). 


Read Also: Maruti Suzuki Cars Feature Discount of up to Rs 45,000 in January 2021

 

Author: Samreen Pall

A Computer Science graduate but a writer at heart, Samreen has one motto that she swears by: 'Everything is dull and useless if it has no drama in it.' This motto comes to life through her writing and storytelling style. She is the Senior Lead - Content Writer at Droom Technology currently and has a total experience of 5 years. In the past, she has worked with renowned brands while creating and curating amazing content for these brands. She is an avid traveller and loves a quiet sunset on a mountain top. more

Search Your Dream Vehicle

Select Category

  • Bikes
  • Scooters
OR

Recent News

Benelli 502C India Launch on July 29, 2021
Published On : 28 July 2021 | 1 min read

Benelli 502C will be offered in two color choices namely Matte Cognac Red and Glossy Black

Click here to Read More
COVID-19 India: Daimler Starts Free Vaccination for Truck Drivers
Published On : 28 July 2021 | 1 min read

The company inoculated over 60 drivers on the first day at its Oragadam Plant

Click here to Read More
Diesel Home Deliveries Start in Delhi
Published On : 28 July 2021 | 1 min read

BPCL joins hands with Humsafar India to deliver diesel to your doorstep through its 20-litres jerry cans.

Click here to Read More
Pure EV Extends the Warranty Policy for its Electric Vehicles
Published On : 28 July 2021 | 1 min read

The new extended warranty policy covers key power-train components (Battery, Motor, Controller) for all the products

Click here to Read More
Toyota India Announces 8 Years Warranty on Hybrid Vehicles
Published On : 28 July 2021 | 1 min read

This new warranty will be applicable on the brand’s Self-charging Hybrid Electric Vehicles (SHEVs) which includes Camry and Vellfire

Click here to Read More
Ford Aspire to Come with a 6-speed Automatic Gearbox
Published On : 28 July 2021 | 1 min read

The new Ford Aspire AT variant is expected to be launched in the coming months in India

Click here to Read More