Tesla, currently the most valuable carmaker in the world, reported record production of 179,757 cars and deliveries of 180,570 units in Q4 (October-December 2020) That is nearly twice is Q2 production (82,272) and sales (90,650).
Karnataka Chief Minister B S Yediyurappa's tweet on January 12 confirming the Tesla plan for an R&D unit. He later deleted the tweet.
For the full calendar year 2020, Tesla produced 509,737 cars and managed to deliver a record 499,550 units – missing its targeted 500,000 units by a whisker – just 450 units.
Tesla registers India office in Bangalore, to start operations with R&D unit

In a RoC (Registration of Company) document accessed by Autocar Professional, Tesla has registered its office in Bangalore, with a capital amount of Rs 1.5 crore.

12 Jan 2021 | 102282 Views | By Nilesh Wadhwa

American electric vehicle maker Tesla, which has been instrumental is taking EVs mainstream, has made its first move in the Indian market.

In an RoC (Registration of Company) document accessed by Autocar Professional, Tesla has registered its office in Bangalore. The company, registered as Tesla Motors India & Energy Pvt Ltd, has named three directors as part of its team in the country, Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein.

The company is registered with a authorised capital of Rs 15 lakh and paid-up capital of Rs 100,000. This announcement officially marks Tesla’s India entry in the state of Karnataka. It would be interesting to see if the company would set-up its manufacturing base in Karnataka, or will continue to keep up the suspense and be wooed away by some other state.

What has started as a long wait for the Indian consumers who first eyed and booked a Tesla in 2016 are expected to get their deliveries starting this year. As reported earlier, the Road Transport Minister Nitin Gadkari had confirmed that Tesla will begin deliveries in 2021.

Welcoming the announcement, the chief minister of Karnataka, B S Yediyurappa tweeted. He later deleted the tweet.

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