Tesla expands into India's energy storage sector. The EV manufacturer is hiring a business development lead to establish utility-scale battery operations, signaling a major strategic shift beyond electric vehicles. This move capitalizes on India's surging solar energy installations and growing demand for grid-scale storage solutions. Tesla will deploy its Megapack technology to compete directly with established players like Tata Power, Adani Group, and Reliance Industries in the industrial energy storage market. The expansion comes as Tesla strengthens its India presence following modest EV sales, with only 100 vehicles sold since market entry in July. By diversifying into energy infrastructure, Tesla positions itself to capture significant market share in one of the world's fastest-growing renewable energy markets.
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