Categories: Miscellaneous

Tesla sets up India subsidiary in Bengaluru

Elon Musk-owned electric vehicle (EV) company Tesla has registered a fully-owned subsidiary in Bengaluru, Karnataka. 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 for its electric vehicles in the country.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

Tesla’s global senior director David Jon Feinstein, chief accounting officer Vaibhav Taneja and Bengaluru-based entrepreneur Venkatrangam Sreeram are on the board of the India unit, Tesla India Motors and Energy Pvt Ltd. The office, situated on Lavelle Road in Bengaluru, is registered with a total paid-up capital of Rs 1,00,000 and authorised share capital of Rs 15 lakh.

Important takeaways for all competitive exams:

  • Tesla Founded: 1 July 2003.
  • Tesla Headquarters: California, United States.

Find More Miscellaneous News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Who is known as the Father of Mobile Phones?

Mobile Phones are a very important part of our daily life. From calling and messaging…

13 hours ago

Mongolia Gets New Prime Minister Amid Political Turmoil: Uchral Nyam-Osor Takes Charge

Mongolian parliament has appointed the Uchral Nyam-Osor as the country' new Prime Minister. With this…

14 hours ago

Ministry of Textiles Extends RoSCTL Scheme to Support Exporters Amid Global Uncertainty

To boost export potential of Indian textile industries Ministry of Textiles has extended the RoSCTL…

15 hours ago

E20 Petrol India 2026: Nationwide Rollout from April 1 Explained

From the April 1st fuel stations across the country are now supplying that petrol which…

15 hours ago

NCERT Gets ‘Deemed University’ Status: What It Means for India’s Education System

The Ministry of Education has granted the 'deemed to be university’ status to National Council…

15 hours ago

What Is Mission Mitra? ISRO’s New Experiment for Gaganyaan Explained

India's Gaganyaan Mission have begun the unique experiment which is called Mission Mitra in the…

15 hours ago