After all those tweets, memes and questions popping up one after another, , its finally the CEO who confirmed the company’s entry to the Indian electric vehicle space.
Musk tweeted “As promised,” in response to a thread linked to a blog that analysed how India could still be a market to be developed for Tesla cars despite its high prices.
Tesla, the world’s most valued carmaker, has incorporated a fully owned subsidiary ahead as a first step to set up an R&D unit and a manufacturing plant in the country.
The company’s global senior director David Jon Feinstein, chief accounting officer Vaibhav Taneja and Bengaluru-based entrepreneur Venkatrangam Sreeram are on the board of Tesla India Motors and Energy Pvt. Ltd., according to disclosures with the Ministry of Corporate Affairs.
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