WebinarsNew
Deep DiveNew
Explore Business Standard
Aerospace major SpaceX and electric vehicle maker Tesla are investing USD 16.8 billion to build 'Terafab', an advanced AI semiconductor complex in Texas, designed to narrow a looming gap in global chip supply, according to official statements. The first phase of the vertically integrated, 100-million-square-foot facility in Grimes County, Texas, will create at least 3,000 high-paying jobs for engineers, technicians, and plant operators, with future expansion phases expected to push total investment significantly higher, SpaceX said in a statement on its website on Thursday. "The Terafab is bringing cutting-edge manufacturing to America, creating thousands of high-paying jobs in the Lone Star State, and enabling us to produce AI chips at scale for use on Earth and in space," SpaceX Founder and CEO Elon Musk said in the statement. The mega facility aims to meet an anticipated requirement of over one terawatt of computing power for Musk's ventures. The plant will make, package, and tes
The top US auto regulator opened an investigation Monday after a Tesla using an automated driving feature slammed into a Texas home at high speed and killed a 76-year-old woman standing inside. The National Highway Traffic Safety Administration said it's opening a special investigation into the Tesla Model 3 crash on Friday near Houston, a significant probe because the car was using technology that Elon Musk considers key to the company's future. The Tesla CEO is rolling out robotaxis using automated software in several US cities this year and plans to invite Tesla owners to put their cars into the fleet using the same system across the country. The driver told the Harris County Sheriff's Office that he was using the technology, according to a police report on the crash, but it's not clear what role, if any, it played in the incident. The police report also noted that the driver was not drunk and is cooperating. It identified the woman killed as Martha Avila. Video obtained by KHO
Continuing its product portfolio expansion drive in India, American electric carmaker Tesla on Friday introduced the 2026 Model Y Premium rear-wheel drive in India, priced at Rs 50.89 lakh, its most affordable offering so far. The introduction of Model Y Premium rear-wheel drive in India follows the launch of the company's second model, a three-row six-seater SUV Model YL priced at Rs 61.99 lakh last month. Tesla made its much-awaited entry into India last year, launching its Model Y priced at Rs 59.89 lakh. "Tesla will keep investing in the country to create a seamless EV experience in India, with more retail coverage, after-sales services and charging locations coming soon," Tesla Senior Director Isabel Fan said in a statement. The Model Y Premium rear-wheel drive, a new variant of Model Y -- the world's best-selling EV as of March 2026, introduces a suite of hardware and design enhancements, elevating both performance and interior sophistication, the company said. Delivery of t
Tesla is recalling 173 Cybertrucks because cracking in the rotor could cause the wheel stud to separate from the wheel hub, increasing the risk of a crash and injury. The recall includes model year 2024-2026 Cybertrucks with 18-inch steel wheels. In its report, the National Highway Traffic Safety Administration said that rough roads and cornering may strain the stud hole in the wheel rotor causing cracks to form and with continued driving the wheel stud could eventually separate from the wheel hub. Wheel stud separation may affect vehicle controllability, increasing the risk of a collision. On affected vehicles, Tesla will replace the front and rear brake rotors, hubs, and lug nuts with more durable ones at no cost to vehicle owners. The manufacturer's recall number is SB-26-33-003. Owners may contact Tesla customer service at 1-877-798-3752. Tesla is also recalling more than 200,000 Model Y, Model S Model X and Model 3 electric vehicles because of a software issue that renders t
American electric carmaker Tesla on Friday said it will expand its charging network, including superchargers, across major hubs in India as it looks to accelerate its journey in the country. The company, which made its much-awaited entry into India, launching its Model Y, had on Wednesday launched its second model, a three-row six seater SUV Model YL priced at Rs 61.99 lakh and is simultaneously intensifying charging network expansion to address range anxiety of customers. "We already have five super charging stations in India, which we have built around the lifestyle of our customers, where they go to work, shop, dine and travel," Tesla India General Manager Sharad Agarwal told reporters here. He further said,"In the coming months, you will see that we will build charging infrastructure around the major hubs, which are Delhi, Chandigarh, Jaipur, Chennai, Hyderabad, Bengaluru, Mumbai and Pune." These are the cities where Tesla is going to build the charging infrastructure -- ...
American electric carmaker Tesla will bring its humanoid robot, Optimus to India at the right time, a senior company official said on Wednesday. The company will also look at bringing its vertically integrated energy solution business to the country at an appropriate time, Tesla chief for APAC region Isabel Fan told reporters here. She said Tesla will start volume production of Optimus later this year in the US. "Humanoid robots will be big part of our life in the future, " Fan said. Humanoid robots would have several uses, including as a companion or to execute "dangerous task" that a human would not prefer to do, besides providing home medical requirement support, she noted. "I have a commitment when it (time) comes right on the things (as) you have seen (in) other markets, we want to bring to India. That's the goal," Fan said referring to the company's humanoid robot. With the help of robots human lives will be much easier, she added. "This is a good option for humans to have a
American electric carmaker Tesla on Wednesday announced acceleration of its journey in India, driving in the three-row six-seater SUV Model YL priced at Rs 61.99 lakh, its second offering in the country. The company, which last year made its much-awaited entry into India with the launch of its Model Y, is also revving up expansion of charging network across highways connecting major cities. "What we are going to do in the coming quarter or in this quarter is to expand our service and body shop network and presence in cities of Bengal, Hyderabad, Chennai and Ahmedabad," Tesla India General Manager Sharad Agarwal said at the launch. Stating that the company will be closer to its customers, he said, "Service for us is more of peace of mind to our customers because you don't need to come to the Tesla service centre to fix your car." Charging is a very important part of the ecosystem that we are building here in India, he said and added the company had already enabled five supercharger