Tesla Inc will set up an electric car manufacturing unit in Karnataka. On January 8, it registered a company named Tesla India Motors and Energy in Bengaluru. The company has an authorised capital of Rs 15 lakh and has its registered office on Lavelle Road in the city.
Union road transport and highways minister Nitin Gadkari had said in December’20 that Tesla will commence sales in India in 2021, and would evaluate assembly or manufacturing based on the market response it receives.
