Tesla sets up Vietnam unit, registration filing shows

U.S. electric vehicle manufacturer Tesla has officially entered the Vietnamese market, as confirmed by a recently released business registration filing. The company has set up a subsidiary named Tesla Motors Vietnam Limited Liability Company, headquartered in Ho Chi Minh City. This move marks Tesla's formal establishment in one of Southeast Asia's fastest-growing electric vehicle markets.

The newly registered entity was officially formed on September 11, 2025, with a charter capital of 77.667 billion dong, which is equivalent to $3 million. Tesla did not provide immediate comment on the development.

The subsidiary is authorized to conduct wholesale and retail sales of automobiles, vehicle parts, machinery, and related equipment. Additionally, the company is permitted to engage in import, export, and distribution activities.

David Jon Feinstein, a U.S. national residing in Austin, Texas, has been named the chairman of Tesla Motors Vietnam. Isabel Ching Fan serves as the general director, while Nguyen Manh Hung acts as the assistant to the general director.