Elon Musk-led Tesla signs 5-year office lease deal in Pune’s Viman Nagar
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Days after two of its senior executives reportedly had a meeting with Invest India officials last week to discuss plans of entering India and setting up a manufacturing eletric vehicle plant, Elon Musk's company Tesla India Motor & Energy Pvt Ltd has leased an office space in Panchshil Business Park in Viman Nagar, Pune.The electric car manufacturer has entered into a five-year lease agreement with Tablespace Technologies Pvt Ltd to lease 5,850 sq.ft office on the first floor of B wing in Panchshil Business Park. Tesla will pay a monthly rent of ₹11.65 lakh and a security deposit of ₹34.95 lakh for leasing the space for 60 months. The lease deal will include five car parks and 10 bike parks as per the agreement registered on July 26, 2023, according to the documents accesse...