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Tesla India subsidiary set up in Bangalore

Tesla India subsidiary set up in Bangalore
Tuhin Guha
Published: January 13, 2021, 07:26 AM IST
Tesla, EV maker and the world s most valuable car company, has officially started its operations in India. The firm is based out of Bengaluru, and high ranking officials have said that the firm is also looking at setting up an R and D facility and eventually an assembly plant. Reports suggest that the Tesla s indian arm goes by the name of Tesla India Motors and Energy Pvt Ltd. The firm has three directors, Vaibhav Taneja as chief accounting officer, entrepreneur Venkatrangam Sreeram and David Jon Feinstein, a technical recruiter from the US. The company was registered on January 8, 2021. This development comes after Nitin Gadkari, Minister of State for Road Transport and Highway and Micro, Small and Medium Enterprises also confirmed that the firm was looking to ....

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Tesla sets up India subsidiary in Bengaluru, R&D unit, says Karnataka CM

Synopsis
ET was the first to report on September 21 Tesla’s move to choose Bengaluru after it entered into talks with the Karnataka govt for its R&D unit.
Tesla opens unit in Bengaluru, names 3 directors ahead of launch
Tesla, the world s most valued carmaker has incorporated a fully owned subsidiary ahead as a first step to set up an R&D unit and a manufacturing plant for its electric vehicles in the country
Tesla’s global senior director David Jon Feinstein, chief accounting officer Vaibhav Taneja and Bengaluru-based entrepreneur Venkatrangam Sreeram are on the board of the India unit, Tesla India Motors and Energy Pvt Ltd,, according to disclosures with the Ministry of Corporate Affairs. ET has reviewed the documents that were filed last week. ....

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