Tesla enters India sets up it's first unit in Bengaluru.
                     TESLA ENTERS INDIA 
SETS UP IT’S FIRST 
UNIT IN BENGALURU
INTRODUCTION
Tesla CEO Elon Musk has fi nally came to India 
ending years of wait and speculation, by 
registering Tesla as a company in Bengaluru.
Source: www.expresscomputer.in
Tesla India Motors and Energy Private Limited
Based on relevant data available on a website 
of registrar Tesla India Motors and Energy 
Private Limited is incorporated to the 
registered address at the offi ce of Lavelle Lane, 
Bengaluru.
Source: www.hindustantimes.com
Capital Investment
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. 
Source: www.expresscomputer.in
Directors
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.
Source: www.expresscomputer.in
Board Members
• Taneja is Tesla’s Chief Accounting Offi cer 
while Feinstein is the Senior Director, Global 
Trade and New Markets, at Tesla. 
• Sreeram is also a director in Xenon 
Automotive India Ltd since April 2014 and 
Clearquote Technologies India Ltd since 
August 2020.
Source: www.cnbc.com
R&D Centre
• Tesla is setting up its research and 
development (R&D) centre in Bengaluru to 
commence its India operations soon. 
• The Karnataka government had made a 
strong pitch to invite Tesla to the state.
Source: www.expresscomputer.in
Green Mobility
• 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. 
Source: www. nbmcw.com
Sales Strategy
• Tesla sales teams are currently trying to 
produce tailored sales and development 
commands for the Indian market to ensure 
that after completion of the confi guration 
orders are fulfi lled and checked. 
Source: www.economictimes.com
Electric vehicle charging system
• The entry by Tesla reaches a point where 
India is intensifying electric vehicle charging 
system in order to increase more of the part 
of electric vehicles connecting to highways.
Source: www.klefr.com
Battery Storage
• Besides electric vehicles, the US-based clean 
energy fi rm makes battery storage from home 
to grid scale, solar panels and solar roof 
tiles.
Source: www. greentechmedia.com