Tesla launches Moroccan subsidiary to expand in North Africa

Tesla launches Moroccan subsidiary to expand in North Africa

Tesla has formally entered Morocco with a new subsidiary, Tesla Morocco, incorporated on May 27 by Dutch entities Tesla International B.V. and Tesla Motors Netherlands B.V. The Casablanca-based unit, with 27.5 million dirhams ($2.8 million) in capital, will manage EV and energy product sales, imports, and servicing. The move signals Tesla’s push into North Africa’s growing electric vehicle market.

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