Tesla Ramps Up India Strategy With New Warehouse Space Lease

Tesla will pay a monthly rent of INR 37.53 Lakh, totaling INR 24 Cr over the lease term.

The Elon Musk-led company will use the space as a sales, service and delivery of its EVs and will further look to expand within the facility

A couple of days back, Union Minister HD Kumaraswamy said that while Tesla will commence operations in India via showrooms, it is not interested in manufacturing in the country

Elon Musk-led Tesla has reportedly leased a new warehouse space in…