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Tesla
Sales of Tesla vehicles rose in the past three months after a brutal year of boycotts over Elon Musk's politics but still fell short of expectations. The company reported Thursday that sales rose 6 per cent to 358,023 in the three months through March, the first time in three years it posted a first-quarter increase from the year-earlier period. The increase follows a year of plunging sales due to an aging lineup and boycotts over Musk's right-wing political stands. Still, the results disappointed investors, who sold heavily on Thursday. One reason was that sales were 6 per cent lower than the 381,000 that financial analysts had expected, according to a survey by researcher FactSet. And they were sharply off from the sales for the three months ended in December. Tesla has had to contend with lower demand due to the September expiration of a USD 7,500 tax credit for EV buyers, a blow to sales across the industry. The company is hoping cheaper versions of Tesla models X and 3 introd
US regulators have granted a five-week extension for Tesla to respond to allegations that its vehicles have broken traffic laws while operating in what the electric automaker calls full self-driving mode. An investigation of Tesla's full-self driving feature was opened in October after the National Highway and Traffic Safety Administration said it had collected dozens of reports of the cars running red lights or driving on the wrong side of the road, sometimes crashing into other vehicles and causing injuries. The investigation covered 2.9 million vehicles, essentially all Teslas equipped with full self-driving technology, or FSD. Critics say the name is a misnomer that has lulled drivers into handing full control over to their cars. The federal agency responsible for auto safety said in a letter to Tesla on December 3, 2025 that it was investigating 62 complaints, up from 58 reported incidents in October. Tesla, headed by billionaire CEO Elon Musk, has argued to regulators and in .
ACKO Drive, an integrated automotive platform that helps users buy new cars sell used cars, and get car servicing, on Wednesday said it will host what it described as an "exclusive Tesla experience" here, marking the electric vehicle maker's "first such showcase" in the city. The showcase will be held at the ACKO Drive Service Centre and it will be open to the public from January 15 to 31, according to a press release. "Starting Thursday, the ACKO Drive Service Centre at Kudlu Gate will serve as the exclusive destination in Bengaluru to experience Tesla," it said. Announcing the initiative, Ashish Mishra, Executive Vice President, ACKO, said Bengaluru was a natural choice for the display, citing the city's technology-driven consumer base. He said the initiative was aimed at bringing global mobility innovations closer to Indian consumers and was not limited to a static display. "For the first time in the city, visitors can view and experience Tesla Model Y vehicles in a dedicated,
China's auto exports surged 21 per cent in 2025, driven by rising shipments of electric vehicles, while domestic demand slowed, an industry association said Wednesday. As Chinese automakers expanded further into overseas markets, exports of new energy vehicles such as EVs and plug-in hybrids doubled from the previous year to 2.6 million units, according to the China Association of Automobile Manufacturers. Overall vehicle exports from China passed 7 million units, up 21 per cent from the previous year. Chinese car exports are expected to continue to grow this year, as its automakers maneuver against an intensifying price war at home as demand weakened. In all of last year, passenger car sales in China rose 6 per cent to 24 million units. But sales in December fell 18 per cent year-on-year. Automakers have enjoyed help from government trade-in subsidies meant to encourage people to switch to EVs, but demand has slowed recently as those payments were curtailed. Confronted with grue