Tesla restarts search for Delhi showroom with DLF, sources say
3 months, 2 weeks ago

Tesla restarts search for Delhi showroom with DLF, sources say

The Hindu  

Elon Musk's Tesla has resumed its search for showroom space in the national capital, two sources told Reuters, in the first sign it is rethinking entering the Indian market after putting its investment plans on hold earlier this year. Tesla is evaluating multiple locations including DLF's Avenue Mall in southern Delhi and the Cyber Hub office and retail complex in nearby Gurugram city, the source added. Foreign retailers including Japan's Uniqlo, Spain's Mango and Britain's Marks and Spencer also have outlets in the Avenue Mall, where Tesla is looking to secure an 8,000 square feet showroom space, the second source said. Tesla's showroom hunt comes as Musk's Starlink is also considering entering India after winning a lobbying battle against billionaire Mukesh Ambani over how New Delhi should allocate spectrum for the service.

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Tesla renting 4,000-sq ft space in BKC Complex for first showroom in India, to pay ₹35 lakhs monthly
3 weeks, 2 days ago

Tesla renting 4,000-sq ft space in BKC Complex for first showroom in India, to pay ₹35 lakhs monthly

Hindustan Times  

American EV maker Tesla has rented a 4,000-sq ft space in the Bandra Kurla Complex business district to house its maiden showroom in the country, it was revealed on Wednesday. The launch of Tesla in India is a keenly awaited one The company, promoted by billionaire Elon Musk, will be paying a rent of over ₹35 lakh per month for …

Tesla Signs Deal To Open First Showroom In Mumbai's BKC. Details Here
3 weeks, 3 days ago

Tesla Signs Deal To Open First Showroom In Mumbai's BKC. Details Here

ABP News  

US electric carmaker Tesla has signed a pact to open its first showroom in India reported Reuters. The company has signed a five-year lease starting February 16, 2025 for a rent of about Rs 3,87,49,884 for the first year for a 4,003 square feet space, as per the report with reference to the registration papers. Modi-Musk Meeting Today's development comes …

Elon Musk's Tesla signs 5-year lease for first Mumbai showroom: Report
3 weeks, 3 days ago

Elon Musk's Tesla signs 5-year lease for first Mumbai showroom: Report

India Today  

Electric car manufacturer Tesla is all set to open its maiden showroom in India in Mumbai, having already signed a lease deal, as per a report by Reuters. The rent will increase by 5% every year, reaching about Rs 4,70,98,505 in the fifth year, according to the registered lease document provided to Reuters by analytics firm CRE Matrix. Tesla's first …

Tesla leases space for first Indian showroom in Mumbai's BKC
Trending News
3 weeks, 3 days ago

Tesla leases space for first Indian showroom in Mumbai's BKC

India TV News  

Tesla leases space for first Indian showroom in Mumbai's BKC Media reports indicate that this showroom, located in BKC, Mumbai, has an area of 4,003 square feet, or approximately 372 square meters. Tesla, owned by the world’s richest man, Elon Musk, has committed to a five-year lease starting from February 16, 2025, with an initial rental fee of USD 446,000 …

Tesla To Open its First Showroom in Mumbai: Report
3 weeks, 6 days ago

Tesla To Open its First Showroom in Mumbai: Report

Deccan Chronicle  

Elon Musk’s Tesla is set to make its much-anticipated entry into the Indian market as the US electric vehicle giant has secured a deal to open its first showroom in Mumbai. This was finalised after Tesla CEO Elon Musk met Prime Minister Narendra Modi in the US, following which the company posted 13 job openings in India. Job openings Tesla …

Tesla to open India's first showroom at Maker Maxity in BKC Mumbai, to pay ₹35 lakh a month as rent: Sources
Trending News
4 weeks ago

Tesla to open India's first showroom at Maker Maxity in BKC Mumbai, to pay ₹35 lakh a month as rent: Sources

Hindustan Times  

Elon Musk's automotive company Tesla has finalized its showroom space in Mumbai’s Maker Maxity, a mixed-use development located in the Bandra Kurla Complex, at a monthly rent of around ₹35 lakh, sources told HT.com Tesla secures showrooms in Mumbai and Delhi: 3,000 sq ft space in BKC’s Maker Maxity at ₹ 35 lakh, 4,000 sq ft in Aerocity at ₹ …

Elon Musk’s Tesla finalizes deal for first Indian showroom at Mumbai’s BKC, second showroom slated for Delhi: Report
4 weeks ago

Elon Musk’s Tesla finalizes deal for first Indian showroom at Mumbai’s BKC, second showroom slated for Delhi: Report

Live Mint  

Elon Musk-led electric vehicle company Tesla has finalised a deal to open its first showroom in India at Mumbai's posh Bandra Kurla Complex, according to a report in the Times of India. Elon Musk's company is said to be paying one of the highest rents for commercial space at ₹900/sq ft, or around ₹35 lakh per month. Tesla's showrooms in …

Tesla’s India launch: Tesla picks showroom sites in New Delhi, Mumbai to start sales, sources say
Trending News
1 month, 1 week ago

Tesla’s India launch: Tesla picks showroom sites in New Delhi, Mumbai to start sales, sources say

The Hindu  

Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, sources familiar with the matter said. The U.S. carmaker has been hunting for showroom space in India since late last year in order to start sales in the world’s third-biggest …

Tesla picks showroom sites in Delhi, Mumbai to start India sales
1 month, 1 week ago

Tesla picks showroom sites in Delhi, Mumbai to start India sales

Deccan Chronicle  

NEW DELHI: Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, sources familiar with the matter said. The U.S. carmaker has been hunting for showroom space in India since late last year in order to start sales in the …

Elon Musk's Tesla seeks showroom space in New Delhi, may be rethinking Indian market entry
3 months, 2 weeks ago

Elon Musk's Tesla seeks showroom space in New Delhi, may be rethinking Indian market entry

Firstpost  

Recent policy changes by the Indian government, aimed at attracting global automakers, could allow Tesla to import certain EVs at a reduced 15% tax rate if it commits to local investments Tesla is reportedly seeking a 3,000 to 5,000 square foot space for a consumer experience centre, along with a larger facility for vehicle deliveries and service operations. Image Credit: …

Elon Musk's Tesla resumes hunt for New Delhi showroom with DLF: Report
3 months, 2 weeks ago

Elon Musk's Tesla resumes hunt for New Delhi showroom with DLF: Report

India Today  

Elon Musk's Tesla has resumed its search for showroom space in New Delhi, signaling a renewed interest in the Indian market after halting investment plans earlier this year, reported news agency Reuters. Tesla, which paused its expansion efforts in India for months, is now considering sites like DLF’s Avenue Mall in southern Delhi and the Cyber Hub in Gurugram. Avenue …

Ahead of Elon Musk's India visit, Tesla explores showroom locations in New Delhi, Mumbai: Report
11 months, 2 weeks ago

Ahead of Elon Musk's India visit, Tesla explores showroom locations in New Delhi, Mumbai: Report

India TV News  

Washington: Ahead of Tesla CEO Elon Musk's visit to India, the US electric carmaker is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions told news agency Reuters. India last month cut electric vehicle import taxes to 15% from as much as …

Tesla scouts for showroom space in India, hires executive for lobbying
3 years, 11 months ago

Tesla scouts for showroom space in India, hires executive for lobbying

The Hindu  

Tesla Inc is scouting for locations to open showrooms in three Indian cities and has hired an executive to lead its lobbying and business efforts ahead of its planned entry into the country, sources familiar with the discussions told Reuters. The world's most valuable automaker by market capitalisation is looking for commercial properties as large as 20,000-30,000 square feet each …

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