Tesla to expand more aggressively in India; sets up new subsidiary company

India presents a huge market for Tesla, with lesser restrictions compared to China.


Rajitha Reddy

13 Jan, 2021

Tesla to expand more aggressively in India; sets up new subsidiary company | BEAMSTART News

- From our Sponsors -

India could be Tesla's next frontier, as the company continues to expand its presence worldwide.

In a recent report by Livemint, Tesla has just registered a new subsidiary company in India, named "Tesla India Motors and Energy Private Limited".

According to the Registrar of Companies (RoC) filing, the new subsidiary is registered in Bengaluru, Karnataka, and has named Vaibhav Taneja, Venkatrangam Sreeram, and David Jon Feinstein as directors.

Tesla CEO, Elon Musk, and India's Prime Minister, Narendra Modi.

According to the state government, Tesla has plans to open up a research and development (R&D) centre in Bengaluru, and may even go as far as setting up a manufacturing plant.

As of now, the company will focus on marketing its electric vehicles (EV) in the country.

Last week, Elon Musk surpassed Amazon's Jeff Bezos as the richest person in the world.

“We have been interacting with Tesla for the last few months and it is happy news that they have decided to incorporate their company here. We have impressed upon them that Bengaluru is not only the technology capital but also the aerospace and space capital. For any kind of technology collaboration, it has the right kind of talent pool," Gaurav Gupta, principal secretary, commerce & industries of Karnataka said.

- From our Sponsors -

Latest Jobs

Founding Engineer

Nowadays

California,

Full Time

USD 110000 — USD 170000 yearly

AI Engineer

Mercura

Bavaria,

Full Time

USD 60000 — USD 80000 yearly

Founding Engineer (Backend)

Pally

California,

Full Time

USD 120000 — USD 240000 yearly

Account Executive

Novoflow

California,

Full Time

USD 200000 — USD 250000 yearly

Sales Development Representative

Usul

California,

Full Time

USD 70000 — USD 150000 yearly

Senior Software Engineer

Crustdata

California,

Full Time

USD 150000 — USD 220000 yearly

Founding Recruiter

Giga

California,

Full Time

USD 110000 — USD 170000 yearly

Hardware Engineer

Makani Science

California,

Full Time

USD 65000 — USD 130000 yearly

Software Engineer

Solidroad

California,

Full Time

USD 170 — USD 220 yearly

Applied AI Engineer

Argon AI, Inc.

New York,

Full Time

USD 200000 — USD 300000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).