Tesla has officially established its presence in Vietnam 🇻🇳

A new company called Tesla Motors Vietnam Limited Liability Company has been registered in Ho Chi Minh City

The new Tesla entity is authorized for:

• Vehicle sales
• Auto parts
• Import and export
• Distribution
• Machinery and equipment

Registered capital is around $3 MILLION

Tesla now has the corporate structure in place to enter Vietnam’s rapidly growing EV market

This is the first formal step toward Tesla expanding into Vietnam

Another Southeast Asian market is opening up for Tesla