Tesla

Tesla showcase at ACKO Drive in Bengaluru open to public from Jan 15-31

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,

EV boom drives 21% surge in China car exports, but domestic demand slows

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

Elon Musk's Starlink goes free in Iran as internet blackout continues

Unrest across Iran has sharply intensified over the past week, drawing hundreds of thousands to the streets who are calling for the downfall of Supreme Leader Ayatollah Ali Khamenei

China's BYD set to overtake Tesla as world's top EV seller on annual sales

China's BYD is set to beat Tesla in global EV sales in 2025, driven by strong China demand and rising overseas sales, even as competition intensifies in key markets

Elon Musk's xAI buys third building to expand 'Colossus' data centre

Musk has already built one data center in Memphis, known as Colossus, and is currently constructing a second nearby site dubbed Colossus 2

Boardrooms, billions, and AI: Global business leaders who headlined 2025

From Elon Musk's empire to Warren Buffett's final act at Berkshire, 2025 was shaped by bold moves, trillion-dollar deals, and global business leaders who made headlines worldwide

Newsmakers@2025: People behind the year's firsts, farewells, flashpoints

From historic breakthroughs and leadership changes to legacy battles and cultural reckonings, people who shaped the year

Business@2025: From tax reforms to trade pacts, a year of course correction

The government moved to steady the economy amid global uncertainty. Crises at IndiGo and BluSmart, meanwhile, underlined the need for tighter oversight and stronger governance

Tesla CEO Musk recovers $55 billion pay package in Delaware court ruling

Elon Musk, already the world's richest man, scored another huge windfall Friday when the Delaware Supreme Court reversed a decision that deprived him of a USD55 billion pay package that Tesla doled out in 2018 as an incentive for its CEO to steer the automaker to new heights. Besides padding Musk's current fortune of USD 679 billion, the restoration of the 2018 pay package vindicates his long-held belief that the Delaware legal system had overstepped its bounds in January 2024 when Chancellor Kathaleen St Jude McCormick rescinded the compensation in a case brought by a disgruntled Tesla shareholder. Tesla didn't immediately respond to a request for comment late Friday. McCormick's ruling so incensed Musk that it spurred him to spurn Delaware and reincorporate Tesla in Texas. That decision also caused Tesla's board to scramble for ways to keep its CEO happy, including a successful effort to persuade the company's shareholders to reaffirm the pay package, which was valued at USD 44.9

$600 bn and counting: Elon Musk now richer than Bezos, Zuckerberg combined | World's richest people

Elon Musk has become the richest person the world has ever seen. His net worth has surged past $600 billion, driven largely by SpaceX’s soaring valuation and IPO buzz.

Tesla may face 30-day sales halt in California over misleading claims

Lawyers for Tesla sought to fend off the DMV's disciplinary action by arguing that its advertising is protected free speech under the First Amendment of the US Constitution

Elon Musk's Mars mission adds risk for investors to red-hot SpaceX IPO

Musk has always maintained that sending humans to Mars was his lifelong ambition

Tesla chooses suppliers based on quality, not country, says executive

Tesla's procurement decisions are based on quality, total cost, technical maturity and the continuity of long-term supply, Grace Tao, a Tesla vice president in China, wrote on Weibo

Delhi HC grants interim relief to Musk-owned Tesla in infringement case

Musk's Tesla had moved the Delhi High Court in May 2024 to restrain Gurugram-based Tesla Power India from using the Tesla trademark for their electric vehicles

Elon Musk's xAI in advanced talks to raise $15 bn at $230 bn valuation

The details of the fundraising were shared by Musk's wealth manager Jared Birchall, but it isn't clear whether the valuation number is before or after the new funding comes in

Best of BS Opinion: A new migration survey offers hope for policymaking

Best of BS Opinion explains the need for a new migration survey, diplomatic challenges after Sheikh Hasina's death sentence, China's internal tremors, and governance lessons from Tesla and OpenAI

VinFast slightly outsells Tesla in close fight during festival season

Vinfast sold 137 cars versus Tesla's 109 during the festive months of September and October, as BYD maintained a strong lead with over 1,100 cars sold, according to Fada data

Musk expects Tesla's full self-driving software to get China's nod in 2026

The Tesla system, known as FSD for short, has been partially approved in China since February. Before that Tesla owners could use a less advanced and cheaper autopilot option

Elon Musk secures $1 trillion Tesla pay package: Here's what he needs to deliver | Tesla

In a historic move, Tesla shareholders have approved CEO Elon Musk’s record-breaking $1 trillion pay package, the largest in corporate history. Here’s what it means for Tesla

Musk says Tesla needs to build 'gigantic' chip fab plant to meet AI demand

The electric carmaker currently relies on contract chipmakers, including Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics, to manufacture its chip designs