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Tesla opens Indian subsidiary, registers first unit in Bengaluru

Tesla opens Indian subsidiary, registers first unit in Bengaluru

The entity is titled ‘Tesla India Motors and Energy Private Limited’

The unit will promote the sale of EVs and energy products in India

David Jon Feinstein, Vaibhav Taneja and Venkatrangam Sreeram are the directors of the Indian unit

The subsidiary has been registered with a paid capital of Rs 1 lakh & authorised share capital of Rs 15 lakh

Tesla founder Elon Musk recently surpassed Amazon’s Jeff Bezos to become the richest man in the world

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