Tesla has officially received a business license in India that will allow the automaker to function as a full-fledged car manufacturer in one of the world’s most populous countries. Without a team of highly-experienced executives who are versed in international business, financials, and manufacturing, Tesla wouldn’t have a chance at being successful anywhere, let alone in India. Therefore, the company has called upon three executives to start the operation as they have been listed on India’s Ministry of Corporate Affairs website as the three Directors who will lead Tesla into India, an unfamiliar territory.
Tesla has had India in its plans for corporate expansion for several years. Musk met with Indian Prime Minister Narendra Modi in 2015, where the politician expressed his support for Tesla’s mission and it’s all-electric products. But since then, Tesla has been met with nothing but roadblocks and delays. It has finally made some headway in its effort to establish a production facility or Research and Development center in the country.
Because of import taxes, Tesla’s vehicles are a rarity in India. Nearly doubling the cost of the vehicle due to getting it into the country from Fremont, California, Teslas are only driven around by the extremely wealthy. With limited charging options available in the country, it makes them even less appealing. However, the coming expansion incites consumer excitement among Indian fans of the electric carmaker, who have pushed for Elon Musk to attempt to drive his company into their country. Now it’s finally happening.
David Feinstein
David Feinstein has been with Tesla for 8 years and 9 months, according to his LinkedIn page. His job title has always been related to Global and International business. When he started with Tesla in 2012, he was the Manager of Global Trade Compliance for its supply chain. After that, Feinstein became the Senior Manager of Global Trade, then the Director of Global Trade & New Markets. He was appointed to the Senior Director of Global Trade & New Markets in February 2020, and now his biggest project yet has been passed onto him: getting Tesla up and running in India.
LinkedIn
Feinstein’s global trade experience will be beneficial for Tesla’s entrance into the market. Since India is one of the few countries with such a heavy import tax, which has really neutralized Tesla’s presence in the country until now, it will be interesting to see what he can do moving forward.
Vaibhav Taneja
Vaibhav Taneja is the Chief Accounting Officer for Tesla, and he has held that position for 1 year and 11 months. He started with Tesla four years ago in February 2017 as the Assistant Corporate Controller and then moved to the Corporate Controller position. Controllers are responsible for the accuracy and timeliness of a company’s accounting department. They control the company’s cash flow and oversee the production of financial reports.
LinkedIn
Prior to Tesla, Taneja acted as the VP and Corporate Controller of Solar City until Tesla absorbed the company, his LinkedIn states. He also has close ties with India, as he is a graduate of Delhi University with a Bachelor’s Degree in Commerce. He also attended the Institute of Chartered Accountants of India and is a Certified Public Accountant.
Taneja will likely work to solve financial challenges as Tesla moves forward with its Indian inclusion. His proven track record with Tesla makes him a great fit for the job, and his roots in India certainly don’t hurt, either.
Venkatrangam Sreeram
Venkatrangam Sreeram is the co-founder of ClearQuote, an app that uses computer vision to assess car damage. Before that, he was Managing Director of Xenon Automotive and spent nearly two years as a Project manager for Tesla’s China operation from July 2012 to May 2014. As a Project Manager, he states that he was involved in the set up of wholesales in retail operations in the country. He had automotive experience before his post at Tesla. He worked as a Project Manager and a VP of Sales Operations for Jaguar Land Rover, and an Assistant General Manager for Tata Motors in Mumbai and London.
Venkat, as he is referred to, is based in Karnataka as well, the southwest state in India that will be home to Tesla’s Indian initiative.
Cartisan.in
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News
Tesla Model X shocks everyone by crushing every other used car in America
The Model X is one of Tesla’s flagship models, the other being the Model S. Earlier this year, Tesla confirmed it would discontinue production of both the Model S and Model X to make way for Optimus robot production at the Fremont Factory in Northern California.
The Tesla Model X was the fastest-selling used vehicle in the United States in the first quarter of the year, crushing every other used car in America.
iSeeCars data for the first quarter shows that the Model X was the fastest-selling used car, lasting just 25.6 days on the market on average, two days better than that of the second-place Lexus RX 350h. The Cybertruck, Model Y, and Model S, in seventh, ninth, and thirteenth place, respectively, also made the list.
The Model X is one of Tesla’s flagship models, the other being the Model S. Earlier this year, Tesla confirmed it would discontinue production of both the Model S and Model X to make way for Optimus robot production at the Fremont Factory in Northern California.
Tesla brings closure to flagship ‘sentimental’ models, Musk confirms
Bringing closure to these two vehicles signaled the end of the road for the cars that have effectively built Tesla’s reputation for luxury and high-end passenger vehicles.
Relying on the sales of its mass market Model Y and Model 3, as well as leaning on the success of future products like the Cybercab, is the angle Tesla has chosen to take.
Teslas are also performing extremely well as a whole on the resale market. iSeeCars data shows that, “while the average price of a 1- to 5-year-old non-Tesla EV fell 10.3% in Q1 2026 year-over-year, the average price of a used Tesla was essentially flat at 0.1% lower across the same period. Traditional gas car prices dropped 2.8% during this same period.”
Additionally, market share for gas cars has dropped nearly 3 percent since the same quarter last year. Tesla has remained level, while the non-Tesla EV market share has increased 30 percent, mostly due to more models available.
Nevertheless, those non-Tesla EVs have seen their value drop by over 10 percent, while Tesla’s values have remained level.
Executive Analyst Karl Brauer said:
“Used electric vehicles without a Tesla badge have lost more than 10% of their value in the past year. This compares to stable values for Teslas and hybrids, and a modest 2.8% drop for traditional gasoline vehicles.”
Teslas, as well as non-luxury hybrids, are displaying the strongest resistance in the face of faltering demand, the publication says. But the more impressive performance is that of the Model X alone.
Tesla’s decision to stop production of the Model X may have played some part in the vehicle’s pristine performance in Q1. With the car already placed at a premium price point, used models are already more appealing to consumers. Perhaps second-hand versions were more than enough for those who wanted a Model X, and only a Model X.
Cybertruck
Tesla Cybertruck’s head-scratching trim sold terribly, recall documents reveal
The head-scratching offering was only available for a few months, and evidently, it did not sell very well, which we all suspected. New recall documents on the vehicle from the National Highway Traffic Safety Administration (NHTSA) now reveal just how poorly it sold.
After Tesla decided to build a Rear-Wheel-Drive Cybertruck trim back in 2025, which was void of many features and only featured a small discount.
The head-scratching offering was only available for a few months, and evidently, it did not sell very well, which we all suspected. New recall documents on the vehicle from the National Highway Traffic Safety Administration (NHTSA) now reveal just how poorly it sold.
The recall deals with a potentially separating wheel stud and potentially impacts 173 Cybertruck units with the 18-inch steel wheels. The Cybertruck RWD was the only trim level to feature these, and the 173 potentially impacted units represent a portion of the population of pickups. Therefore, it’s not the entire number of RWD Cybertruck sold, but it could show how little interest it gathered.
The NHTSA document states:
“On affected vehicles, higher severity road perturbations and cornering may strain the stud hole in the wheel rotor, causing cracks to form. If cracking propagates with continued use and strain, the wheel stud could eventually separate from the wheel hub.”
Only 5 percent are expected to be impacted, meaning less than 10 units will have the issue if the NHTSA and Tesla estimates are correct. Nevertheless, the true story here is how terribly the RWD Cybertruck sold.
Tesla ended production and stopped offering the RWD Cybertruck to customers last September. For just $10,000 less than the All-Wheel-Drive trim, Tesla offered the RWD Cybertruck with just one motor, textile seats instead of leather, only 7 speakers instead of 15, no Rear Touchscreen, no Powered Tonneau Cover for the truck bed, and no 120v/240v outlets.
For just $10,000 more, at $79,990, owners could have received all of those premium features, as well as a more capable All-Wheel-Drive powertrain that featured Adaptive Air Suspension. The discount simply was not worth the sacrifices.
Orders were few and far between, and sources told us that when it was offered, sales were extremely tempered because customers could not see the value in this trim level.
Even Tesla’s most loyal supporters thought the offering was kind of a joke, and the $10,000 extra was simply worth it.
News
Tesla Semi sends clear message to Diesel rivals with latest move
The truck is being built at a dedicated facility in Sparks, Nevada, just next to its Gigafactory Nevada facility.
Tesla has officially launched Semi production at what will be a mind-boggling rate of approximately 50,000 units per year.
The truck is being built at a dedicated facility in Sparks, Nevada, just next to its Gigafactory Nevada facility.
The company finally announced on April 29 that the first Tesla Semi truck has rolled off its new high-volume production line at the factory. This marks the transition from limited pilot builds to scaled manufacturing for the Class 8 all-electric heavy-duty truck, nearly nine years after its dramatic 2017 unveiling.
🚨 Tesla Semi mass production is underway in Nevada!
HUGE! https://t.co/ohgQIiI2bK pic.twitter.com/23GvWr8D27
— TESLARATI (@Teslarati) April 29, 2026
Tesla initially promised high-volume deliveries by 2019–2020, but battery supply constraints and prioritization for passenger vehicles delayed progress. The new 1.7-million-square-foot factory, purpose-built next to Gigafactory Nevada’s 4680 cell production lines, resolves those bottlenecks through deep vertical integration.
The Semi uses Tesla’s structural battery packs with cylindrical 4680 cells manufactured on-site. This integration enables efficient supply, reduced logistics costs, and the potential for high output. The factory is designed for an eventual annual capacity of approximately 50,000 trucks, positioning Tesla to address growing demand in long-haul freight electrification.
Tesla is using a redesigned Cybertruck battery cell to mitigate Semi challenges
Operating economics favor the Semi through dramatically lower fuel and maintenance costs compared to traditional diesel rigs, and companies involved in a pilot program for the Semi with Tesla have shown that.
Electricity is far cheaper than diesel on a per-mile basis, while the electric powertrain features fewer moving parts, reducing service intervals and lifetime expenses. Early deployments with customers like PepsiCo and others have validated these advantages in real-world service.
The Nevada factory’s ramp-up is targeted for full volume output before the end of June 2026, aligning with broader Tesla production goals for 2026. This includes parallel efforts on other new vehicles while expanding the Megacharger infrastructure to support widespread adoption.
By localizing battery and truck production, Tesla gains advantages in cost, quality control, and scalability that many competitors sourcing cells externally lack. The start of high-volume Semi production represents a pivotal step in Tesla’s strategy to electrify heavy transportation, potentially accelerating the shift toward zero-emission freight across North America and beyond.
As output increases, the Semi could reshape long-haul logistics with its combination of performance, efficiency, and sustainability.