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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Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla gives its biggest signal yet that Cybercab launch is imminent
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
