Elon Musk’s Tesla has registered with the Registrar of Companies (RoC) as Tesla India Motors and Energy Private Limited. It is learnt that the company incorporated itself in Bengaluru on January 8, 2021.
Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein have been appointed as the directors of the incorporated entity.
Reports have revealed that the Karnataka government has given multiple options to the Palo Alto-based EV and clean energy company, including different location options for setting up manufacturing, R&D and a head office.
As per earlier reports, the automaker had commenced pre-bookings in India back in 2016 with an aim to launch Tesla cars on Indian roads in 2017, but the plan was shelved due to the import policies and infrastructure issues.
Elon Musk’s company is all set to enter India with the Model 3 Sedan, which is expected to cost around Rs 60 lakh. The fully electric vehicle is powered by a 60kw hour lithium-ion battery pack with a range of 500 km. The sedan has a top speed of around 250 km and goes from 0 to 60mph in only 3.1 seconds
Source: CNBC
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