Tesla Leases Space In Pune For Their First office In India

Tesla India Motor & Energy Pvt Ltd has taken space for office on lease for 5 years at Panchshil Business Park in Pune. The starting monthly rent for the space is Rs 11.65 lakh.

The space located on the first floor has been leased from the building operator Tablespace Technologies. These 5850 sq. feet of space have been taken for lease for a period of 36 months and the rent of the place rises 5% annually.

The Panchshil Business Park is under construction right now and boasts a development size of 10,77,181 sq. feet. This Business Park is situated in Viman Nagar and is located 500 meters away from Nagar Road and 3 kilometers from the Pune International Airport.

This area is easily accessible from residential hubs such as Kalyani Nagar, Koregaon Park, Wadgaonsheri, and Kharadi. With the office getting a proper space in Pune, the production plans are about to kick start in the near future.

Tesla

Tesla Inc. is an American multinational automotive and clean energy company headquartered in Austin, Texas. Tesla designs and manufactures electric vehicles, stationary battery energy storage devices from home to grid-scale, solar panels, solar roof tiles, and related products and services.

Tesla is one of the world’s most valuable companies. As of 2023, it is the world’s most valuable automaker. Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. The name of the company is a tribute to the inventor and electrical engineer Nikola Tesla.

In February 2004, via a $6.5 million investment, Elon Musk became the largest shareholder of the company and in 2008, he became the CEO.




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