US authorities have sought recall of 158k models of Tesla citing potential touchscreen issues
Meanwhile, Tesla has registered an entity in Karnataka ahead of India launch
Tata Nexon has turned out to be the bestselling EV in India with 2,602 units sold in 2020
US-based electric vehicles (EV) giant Tesla has registered an entity ‘Tesla India Motors and Energy Private Ltd’ in Bengaluru Karnataka on January 08 this year, as it plans its entry in 2021. The company will first start with sales and then look into start assembling in India if the domestic demand is encouraging for the company.
The electric vehicle giant was incorporated as a subsidiary of the foreign holding company with authorised capital of INR 15 Lakh and a paid-up capital of INR 1 Lakh. As per the filings, Vaibhav Taneja, Venkatrangam Sreeram, and David Jon Feinstein will be the three directors of the Indian business.
Even as Tesla is yet to shortlist a location for its R&D center, Karnataka’s industries minister…