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Business News » Automobile News

Finally! Elon Musk led Tesla enters India, registers company in this state| See how social media reacted

Tesla in India: World's leading electric car maker Tesla, ending years of wait and speculation, has finally made its entry in India and registered itself as a company in Karnataka's Bengaluru.

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Finally! Elon Musk led Tesla enters India, registers company in this state| See how social media reacted
Tesla India Motors and Energy Private Limited has been incorporated and the registered address is in Lavelle Road, Bengaluru. Reuters photo
Written By: ZeeBiz WebTeam
Edited By: Harish Dugh
Updated: Wed, Jan 13, 2021
10:09 am
New Delhi, ZeeBiz WebDesk
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Tesla in India: World's leading electric car maker Tesla, ending years of wait and speculation, has finally made its entry in India and registered itself as a company in Karnataka's Bengaluru. Soon after the news of Tesla in India went viral, hundreds of people across the country took to micro-blogging site Twitter to welcome CEO Elon Musk.

According to the details available on the Registrar of Companies website, Tesla India Motors and Energy Private Limited has been incorporated and the registered address is in Lavelle Road, Bengaluru, the news agency IANS reported.

"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. 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," said the company in its filing with the RoC.

Taneja is Tesla's Chief Accounting Officer 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.

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Welcoming Elon Musk to India, one Twitter user wrote:@Tesla has been incorporated in Karnataka, India on January 8, 2021 as "TESLA INDIA MOTORS AND ENERGY PRIVATE LIMITED. Company also lists 3 Directors for India. It's happening!. Welcome
@elonmusk, we are waiting for official launch."

"Welcome to India @elonmusk with your technology and our technology we will make a bright future," another Twitter user wrote.

A use on Twitter named @tranquil_guy wrote on Twitter: "Another reason to love, admire and follow @elonmusk. A great person, engineer, inventor, entrepreneur and now the richest person. My Inspiration and my hero! #ElonMusk. We welcome #TeslaIndia
Can't wait to own Tesla car one day."

Meanwhile, Tesla is also in touch with other state governments like Maharashtra, Gujarat, Tamil Nadu and Andhra Pradesh to start its India operations.

Union Road Transport and Highways Minister Nitin Gadkari had said last month that Tesla will begin operations with sales in early 2021 and then "maybe" look at assembling and manufacturing vehicles in the country.

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TAGS:
TeslaElon Musk
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