June 21, 2023 11:28 am
Musk said last month Tesla would probably pick a location for a new factory by the end of this year, adding India was an interesting place for a new plant.
June 21, 2023 11:39 am
"I am confident that Tesla will be in India and will do so as soon as humanly possible," Elon Musk said.
June 01, 2023 12:53 pm
Elon Musk reclaimed the title of the world's richest person again, as the Bloomberg Billionaires Index on Thursday showed he overtook luxury tycoon Bernard Arnault, who saw a drop of 5.25 billion in his net worth.
May 22, 2023 9:57 am
In response to Tesla founder Elon Musk’s tweet early last year that claimed that challenges with the Indian government were proving to be a hindrance in the launch of Tesla’s electric cars in India, several state government representatives lined up with invitations to set up shop.
May 19, 2023 3:07 am
The current outlay for the advanced chemistry cell batteries is Rs 18,100 crore and that for automobiles and auto components is Rs 25,938 crore.
May 18, 2023 9:02 am
Sources said that Tesla may still ask for some duty concessions but that would be for testing the market for some of its models, which may not have high domestic demand. Opening exclusive showrooms under single brand retail, which requires 30% local sourcing, is also on the agenda.
April 20, 2023 10:24 am
Tesla posted its lowest quarterly gross margin in two years, missing market estimates, as it slashed prices aggressively in markets including the United States and China to spur demand and fend off rising competition.
April 19, 2023 12:04 pm
Tesla Inc cut prices for some of its Model Y and Model 3 electric vehicles in the United States, the sixth time it has lowered US prices this year amid concerns about the effect on its profit margins.
April 07, 2023 1:38 pm
Tesla cut prices in the United States between 2% and nearly 6%, as the company extends a discount drive on its electric vehicles that analysts caution could hurt profitability.
March 03, 2023 12:28 pm
French business tycoon Bernard Arnault is once again the world's richest person, according to Bloomberg Billionaire's Index. Gautam Adani, meanwhile, has climbed four spots after adding $1.68 billion to his net worth.
April 04, 2016 11:32 am
Tesla Model 3 is a $35,000 electric car that will compete with Chevrolet Bolt, Nissan Leaf and other electric and hybrid vehicles