Tesla Registers $3 Million Vietnam Subsidiary in Ho Chi Minh City

Tesla has registered Tesla Motors Vietnam Limited Liability Company in Ho Chi Minh City with charter capital of about 77.7 billion dong (roughly $3 million), according to a Vietnamese business registration filing reviewed by Reuters and reported on September 14, 2026, putting a formal local sales entity on the books in one of Southeast Asia’s fastest-growing EV markets.

The company was established on September 11 and lists wholesale and retail sales of automobiles and parts, plus related import, export, and distribution activities. Its registered office is at Me Linh Point Tower, 2 Ngo Duc Ke Street, Saigon Ward, Ho Chi Minh City. The filing names David Jon Feinstein, a U.S. national with an Austin address, as chairman, Isabel Ching Fan as general director, and Nguyen Manh Hung as assistant to the general director. Tesla did not immediately respond to a Reuters request for comment, and Vietnamese reporting stresses that registration alone does not announce a sales launch date, vehicle lineup, pricing, showrooms, service sites, or a charging plan.

That paperwork still matters for buyers who have watched Tesla cars enter Vietnam mainly through gray-market imports while local champion VinFast scaled at home. A named importer-distributor vehicle with clear wholesale and retail lines is the usual first legal step before any official delivery calendar, and it sits alongside SpaceX’s earlier Starlink license path in Vietnam. For readers tracking Southeast Asia expansion, the useful read is not that Model Y or Model 3 orders are live tomorrow, but that Tesla has paid to stand up the corporate shell that would let those products move through a compliant import and retail channel if and when the company chooses to open sales.

What to watch next is whether Tesla or Tesla Asia publishes a Vietnam order page, pricing, or store locations, and whether the Ho Chi Minh City entity adds service or charging disclosures beyond the bare registration. Until then, the filing is the news: a $3 million Vietnam LLC with vehicle wholesale and retail authority is live on the registry, and a commercial launch timeline is still unannounced.