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Tesla leases office space in India, hinting at plans to expand into local market

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Release: 2023-08-13 18:17:08
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According to the "Times of India" report, Tesla has established a subsidiary in India called "Tesla India Automotive and Energy Company"

According to sources, the car manufacturer It has leased 5,850 sq ft of office space at a co-working center in Panchshil Business Park in Viman Nagar area of ​​Pune, India, which is considered to be one of the largest IT hubs in India.

According to foreign media opinions, Tesla is preparing to quickly enter the Indian market

Tesla leases office space in India, hinting at plans to expand into local market
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Tesla reportedly submitted a new factory proposal to the Indian government as early as May and met with the country's commerce minister. In addition, they also discussed plans to build a factory in India last month

According to Reuters, the Indian factory is rumored to be planning to launch a new low-cost electric model, which is expected to sell for about 2 million Indian rupees. (approximately 174,000 yuan), which can be supplied to the local market and exported. Musk revealed in an interview with the Wall Street Journal that Tesla plans to build a super factory in Mexico and has another A factory is under construction, and its specific location will be announced at the end of the year

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