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TESLA NEWS

Tesla's Musk says eyeing significant India investments after meeting Modi

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.

'Tesla will be in India as soon, I'm a fan of Modi': Elon Musk after meeting PM in New York

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.

Elon Musk reclaims title of world's richest person

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.

Tesla's India plan: What has changed this time around?

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.

Govt offers auto PLI 2.0 to bring Tesla to India

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.

Tesla offers India manufacturing plan; govt may offer concessional duty on components

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.

Elon Musk says Tesla will put sales growth ahead of profit

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.

Tesla cuts US prices for sixth time this year ahead of Q1 results

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.

Tesla cuts prices in US for fifth time since January

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.

Elon Musk loses No 1 rank in list of world's richest; Gautam Adani climbs to 28th spot

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.

TESLA PHOTOS

Tesla Model 3 is the cheapest electric car by the company: India pre-order and other key details

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

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