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Tesla applies for two business licenses in India

Credit: teslastonks/Instagram

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Tesla has applied for two business licenses in India under the names “Tesla India Motors and Energy Private Limited,” and “Tesla Energy Private Limited.”

India’s Ministry of Corporate Affairs has several businesses that are listed with the name Tesla, with everything from “Tesla Foods” to “Tesla Heavy Electricals.” However, Tesla Motors would suggest that Elon Musk’s company is finally preparing an introduction as a domestic automaker in the Indian market, marking the beginning of a long-awaited entrance into the country.

According to the Ministry of Corporate Affairs website, “TESLA INDIA MOTORS AND ENERGY PRIVATE LIMITED” is reserved, and there is no posted incorporation date.

For years, India’s Tesla fans have been forced to shell out massive money for one of the company’s electric cars due to import taxes, or they have had to simply wait for Tesla to establish a base in the country, which is the second most populous in the world with over 1.38 billion people. Import taxes nearly double the cost of Tesla’s cars for those who have the money to pay for them, but it is rare to see one of the company’s cars roaming around the country.

Despite this, it is not hard to find a Tesla fan in India. It is among the most popular stocks to invest in, and fans of the electric automaker have been petitioning for Tesla to make an appearance for years.

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It seems that the time has finally come for Tesla to launch a company effort in India, which is right on cue with CEO Elon Musk’s timeline, which lines up with his words. Musk stated just three days ago that Tesla India wouldn’t be launched in January 2021, but “definitely this year.”

Tesla expected to start operations in India early next year: report

Musk previously stated that Tesla’s online Design Studio would be available in India in January, but this date was tentative and never official. Meanwhile, Indian government officials are preparing to offer Tesla large plots of land for the next international Gigafactory location.

With Tesla finally making solidified moves for an Indian entrance, residents can start to get excited about the possibility of the company’s all-electric vehicles being present in the country. More updates are likely to come in the coming months, as CEO Elon Musk has updated fans and enthusiasts about Tesla India’s progress moving forward.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla hits record vehicle deliveries and energy deployments in Q3 2025

As per Tesla’s Q3 2025 vehicle delivery and production report, the bulk of the company’s numbers came from its mass-market lineup.

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Tesla (NASDAQ:TSLA) reported record-breaking results for the third quarter of 2025, producing 447,450 vehicles and delivering 497,099 units worldwide. 

The company also deployed 12.5 GWh of energy storage products, setting a new record in its fast-growing energy business.

Model 3/Y domination

As per Tesla’s Q3 2025 vehicle delivery and production report, the bulk of the company’s numbers came from its mass-market lineup. The Model 3 sedan and Model Y crossover accounted for 435,826 units produced and 481,166 delivered in the quarter. This is quite impressive considering that both the Model 3 and Model Y are still premium-priced vehicles with numerous competitors that are significantly more affordable.

Other models, including the Model S, Model X, and Cybertruck, contributed 11,624 vehicles produced and 15,933 delivered. Beyond vehicles, Tesla’s energy business posted its best quarter to date, deploying 12.5 GWh of storage systems.

Credit: Tesla

Q3 2025 earnings call date

Tesla’s third-quarter results are extremely impressive, and they exceed Wall Street’s estimates by a significant margin. As per Benchmark analyst Mickey Legg, who had a delivery estimate of 442,000 vehicles in Q3, Wall Street consensus was at 448,000 units. Even more optimistic analysts estimated that Tesla would only post deliveries in the mid-460,000s.

Investors will gain further insight later this month when Tesla reports full financials for the quarter. The company will release Q3 2025 earnings after market close on October 22, followed by a Q&A webcast at 4:30 p.m. Central Time.

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Elon Musk

Elon Musk is halfway towards becoming the world’s first trillionaire

Musk’s fortune remains heavily tied to Tesla, which has rallied nearly 100% since April.

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Credit: Tesla Manufacturing/X

Elon Musk has reached a new milestone by becoming the first individual in history to achieve a net worth of $500 billion. ForbesReal-Time Billionaires tracker confirmed the record Wednesday afternoon after Tesla stock gained nearly 4%, adding an estimated $9.3 billion to Musk’s net worth in a single day. 

He now sits more than $150 billion ahead of Oracle co-founder Larry Ellison, whose net worth also stands at a very impressive $350 billion.

Tesla stock leads wealth surge

Musk’s fortune remains heavily tied to Tesla, which has rallied nearly 100% since April, when the CEO announced he would step back from outside roles to focus more on the EV maker. The company’s market capitalization is back within 10% of its all-time peak, lifting the value of Musk’s 12% stake to about $191 billion. 

Beyond this, his 2018 compensation package, which was rescinded by a Delaware judge last year but is still under appeal, could unlock additional stock worth more than $130 billion if reinstated, Forbes noted. Investors see Musk’s refocused leadership as a stabilizing force for Tesla as it pursues ambitious global growth. Tesla has also proposed a new compensation plan for Musk that could bring the company’s market cap to $8.5 trillion and add an additional $900 billion to the CEO’s net worth. 

SpaceX and xAI boost portfolio value

While Tesla drives much of his wealth, Musk’s stakes in SpaceX and xAI have added significant upside to his net worth. SpaceX, his private rocket company, recently hit a $400 billion valuation in a private tender offer, valuing Musk’s 42% stake at $168 billion. Meanwhile, xAI Holdings, which merged with social platform X earlier this year, is worth an estimated $113 billion, giving Musk another $60 billion on paper. 

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These ventures, combined with Tesla’s resurgence, have pushed Musk’s net worth past the half-trillion-dollar mark and highlighted his reach across multiple industries, from clean energy to space, artificial intelligence, brain implants, and tunneling.

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Tesla Model Y Performance has a killer feature beyond its speed

Prior to the Model Y Performance, the feature has only been offered in the Tesla Cybertruck.

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Credit: Tesla

The Tesla Model Y Performance has been launched in the United States, and as it turns out, it has a killer feature beyond its stellar speed and driving dynamics.

Apart from raw driving fun, the new Model Y Performance also has the capability to power appliances through its Vehicle to Load (V2L) and Vehicle to Home (V2H) bi-directional charging. 

Only the second Tesla

V2L and V2H systems have long been requested by electric vehicle owners. Prior to the Model Y Performance, the feature has only been offered in the Tesla Cybertruck, one of the company’s most expensive vehicles. With customers ordering the new Model Y Performance at the end of the third quarter, however, some noticed that their vehicles were listed with V2L and V2H systems. 

These features, or at least V2L specifically, was confirmed by the official Tesla account on social media platform X. In a response to a Tesla shareholder who highlighted the much-requested feature, the official Tesla X account noted that V2L is possible with a Tesla Outlet Adapter. “New Model Y Performance offers Vehicle to Load (120V 20A AC) with Tesla Outlet Adapter,” Tesla wrote in its post.

Affordable accessory

To be fair, Tesla’s official X account only referenced the new Model Y Performance’s V2L system. Details of the newly launched variant of the best-selling all-electric crossover’s V2H function are yet to be specified. However, it is difficult not to be excited about the new Model Y Performance’s V2L system, as the Tesla Power Adapter is available on the Tesla Shop for just $80. 

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The new Model Y Performance’s V2L and V2H systems bode well for the features’ rollout to Tesla’s other vehicles. If such a function has made it to the top-tier Model Y, after all, it might only be a matter of time before similar features are introduced to the company’s other vehicles, such as the Model 3 sedan and the Model S and X. 

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