(MENAFN) Tesla Motors Co. seeks to enter the S. Korean market as it has currently finished registration of a business entity that will lead the sales of its popular electric cars.
Accordingly, Tesla Motors finished registration of Tesla Korea Ltd, as its regional corporate entity in mid-Nov, with a paid-in capital of USD 84.530mn.
The company major business goal includes the import and sales of automobiles, parts and accessories, along with related services.
In addition, S. Korea has "great potential" and is a market that Tesla hopes to spread into the future.
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