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Tesla enters Indian market, opens office in Bengaluru

Staff writer by Staff writer
January 14, 2021
in Business, Cars, Markets

Tesla CEO Elon Musk is on a roll. Shares of his company spiralled by as much as 5.6 per cent on Friday, bringing it closer to the trillion-dollar club. This has made Musk the world’s richest man, turfing out Amazon’s head Jeff Bezos from the coveted pedestal.

Set up in 2003, Tesla branded itself as an electric car maker, clean and green, and spotlighted revolutionary knowhow that  appealed to many car aficionados. It pioneered new approaches to manufacturing and designs in software. Musk has even promised new Tesla owners, before 2020 was over, three free months of the company’s forthcoming “full self-driving” driver-assistance system, according to a report in an American financial and business news website.

Now he has made another revolutionary move: he has entered the Indian market, ending years of anticipation for his fans in the country, which has even a Tesla Club India.

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