Tesla Charges Into South America - Reportedly Launches First Direct Operation In Chile Hiring New Team

Tesla, Inc. TSLA is reportedly looking to roll into South America by employing personnel for a new operation in Chile and registering its name.

Tesla Chile, registered and issued in the Official Gazette on Sept. 28, includes "the import, export, manufacturing, marketing, distribution and sale of vehicles, especially electric vehicles," according to a news report by Reuters, which cited certain public documents. 

This move marks Tesla's inaugural direct commercial venture in South America, the report added.

Also Read: Indian Commerce Minister To Meet Elon Musk To Accelerate Tesla's Entry Into Market

While Tesla Chile has its headquarters registered in Santiago, the registration specifies the possibility of "branches or agencies that may be established in other cities in the country or abroad."

Owned by Elon Musk, Tesla recently started hiring for roles including general manager, sales advisor, and service technician, as seen by Reuters in LinkedIn job postings.

The opening for a general manager in Chile said the company was looking to hire someone who "will play a fundamental role in shaping our corporate image while accelerating the transition to sustainable energy," the Reuters note added.

Also See: Tesla's Silent Revolution? Over 50 Job Openings Hint At Intensive Work On 'Optimus' Bot

Earlier this year, China's BYD, a leading electric car manufacturer, revealed plans to open a battery component plant in Chile, with an investment of $290 million, the report read.

Price Action: TSLA shares are trading lower by 0.63% to $208.66 premarket on the last check Friday. 

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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