Tesla Likely To Set Up Its R&D Centre In Karnataka

Tesla is an American company based in Palo Alto, California. It is an electrical vehicle and clean energy product producing giant. It was found in July 2003 by competent engineers Martin Eberhard and Mark Tarpenning. Tesla gets its name from an inventor and an electrical engineer Nikola Tesla as a tribute to him.

The company’s co-founders Ian Wright, Elon Musk, and JB Straubel made it possible for the company to derive eclectic ideas. In 2016 Tesla acquired the SolarCity marking a new era of electric technology.

After 11 years of hard work, Tesla made it into the market as a world’s best-selling plug-in and battery electric car manufacturer. In 2020 Tesla outperformed by producing more than 1 million electric cars.

In 2020 Tesla was announced as the company producing cars which fulfilled the subject of overall customer satisfaction.

Tesla has invested in a strategy which was not to advertise but to enhance the details and educate their customers through its showrooms. Conventional dealer networks were never apart of the strategy.

Tesla Likely To Set Up Its R&D Centre In Bengaluru
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Discussion On The Set-Up of Tesla R&D Centre In Karnataka:

The establishment of the research and development center of Tesla in India would be one of the biggest steps of success for the country. India is the fourth largest automobile market and has a massive 55% share market in the technology section.

Elon Musk has mentioned how it’s been a year and he is still in the middle of a discussion with the Karnataka Government about his company setup. He explained how due to strict and restricting Indian policies the setup was delayed which led to a change in the setup schedule in the country, which was supposed to be held in 2016.

After overtaking Toyota in July, Tesla has been titled as the most valuable automotive company in the world.

Karnataka is the first state in India to come up with the policy regarding electric vehicles in the country. It is hoping for the generation of Rs 31, 000 Crore investment. Various other states have also followed similar policies.

Bengaluru is the IT capital of India and with increased skilled and talented people in IT Technology, Elon Musk has found another technology hub for the company. The first proposal for the setup in Karnataka has been through two discussions. The development will bring the finest electric cars in the country which will aggrandize the state’s power and reputation.

Bengaluru has given shelter to copious research and development (R&D) centers. Elon Musk’s company have burgeoned the city after the decision of building the setup in Karnataka.

Tesla Likely To Set Up Its R&D Centre In Bengaluru
Image Source: Economic Times

The prefatory stage has been through two rounds of discussion marking a prominence for the state. India will be the second country to have the Tesla Research Centre. For further discussions, Elon Musk and the Karnataka government will be talking on the topic later this month.

A detailed proffer will be proposed by the Karnataka government for explanatory discussions. Elon Musk led company has mentioned how they are currently occupied with the project Gigabyte for Europe.

Soon, after the discussions are over, Tesla will enter the Indian boundaries and electric cars will be seen running on Indian roads.

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