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

Recent Posts

Uttarakhand Tourism Announced India’s First Astro Tourism Campaign Named ‘Nakshatra Sabha’

The Uttarakhand Tourism Development Board has teamed up with Starscapes, an astro-tourism company, to introduce…

2 days ago

UNESCO Guillermo Cano Prize 2024 Awarded to Palestine Journalists in Gaza

In a gesture of solidarity and recognition, Palestinian journalists covering the crisis in Gaza have…

2 days ago

Sanjaya Kumar Mishra to head GST Appellate Tribunal

Retired Justice Sanjaya Kumar Mishra has been appointed as the President of the Goods &…

2 days ago

RBI Approves Re-appointment of Atanu Chakraborty as HDFC Bank Part-Time Chairman

Atanu Chakraborty's re-appointment as part-time Chairman of HDFC Bank for three years, effective from May…

2 days ago

American Express Announces Inauguration of 1 Million Sq Ft Campus in Gurugram

American Express is set to inaugurate its expansive new campus in Gurugram, spanning nearly one…

2 days ago

World Press Freedom Index 2024 Announced, India Ranked 159th Out of 180 Countries

In the latest edition of the World Press Freedom Index published annually by Reporters Without…

2 days ago