Tesla aims to make charging easier across India with new stations, encouraging more people to switch to electric vehicles
Tesla expects Indian Model Y buyers to recover around a third of the ₹60 lakh cost through fuel and maintenance savings, with cheap home charging, and high resale value
Extending an earlier undertaking, the Delhi High Court ordered Tesla Power India not to use the 'Tesla' mark or promote EVs until the suit is decided
The nonbinding measure garnered 1.06 billion votes in favor of authorisation, exceeding the 916.3 million that were against, Tesla disclosed in a late Friday regulatory filing
The plan won over 75 per cent support at Tesla's annual meeting in Austin, Texas, as investors endorsed Musk's vision of turning Tesla into an AI and robotics powerhouse
Elon Musk turned off many potential buyers of his Tesla cars and sent sales plunging with his foray into politics. But the stock has soared anyway and now he wants the company to pay him more -- a lot more. Shareholders gathering on Thursday for Tesla's annual meeting in Austin, Texas, will decide in a proxy vote whether to grant Musk, the company's CEO and already the richest person in the world, enough stock to potentially make him history's first trillionaire. It's a vote that has sparked heated debate on both sides of the issue, even drawing the pope's comments on it as an example of income inequality. Several pension funds have come out against the package, arguing that the board of directors is too beholden to Musk, his behaviour too reckless lately and the riches offered too much. Supporters say Musk is a genius who is the only person capable of ushering in a Tesla-dominated future in which hundreds of thousands of self-driving Tesla cars -- many without steering wheels -- w
In July, Musk said Samsung made Tesla's AI4 chip and would produce the next-gen AI6, while TSMC handles the current in-development version
By comparison, total electric passenger car sales in September stood at 15,247 units, while 5,538 electric cars have been registered to date in October.
Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway. The new Model Y, costing just under USD 40,000 with a stripped-down interior, comes in a brutal year for Tesla as it tries to attract more customers despite an aging lineup, stiff competition from foreign EV makers and anti-Elon Musk boycotts targeting the company. The reaction from the stock market after the news broke suggests the new models are not expected to help much. Investors were looking for something truly different, not an iteration of a old product, said Edmunds analyst Ivan Drury, speaking as Tesla stock dropped sharply in the last minutes of trading. I can't imagine this will bring levels back to what they want. Tesla also announced a cheaper version of its Model 3 for under USD 37,000. For New York residents taking advantage of a state rebate, the price was below USD 35,000. Tesla has talked
Tesla has proposed a $1-trillion performance award for Elon Musk, granting him 12% of shares if the company's market cap hits $8.5 trillion and key milestones are met
Britain's growing EV appetite contrasts with a 2 per cent decline in overall new-car registrations for August to 82,908 units, during what SMMT calls the "quietest month" for car sales
The panel recommended raising the GST rate to 18per cent from 5per cent currently for EVs priced between 2 million and 4 million rupees ($23,000-$46,000)
The exodus signaled waning enthusiasm among one of Tesla's most loyal global retail bases, whose buying sprees once amplified the stock's rallies
Europeans angry at Elon Musk still aren't buying his cars months after the billionaire predicted a major rebound in Tesla sales, data released Thursday shows. Tesla sales plunged 40 per cent in July in the 27 European Union countries compared with the year earlier even as sales overall of electric vehicle soared, according to the European Automobile Manufacturers' Association. Meanwhile sales of Chinese rival BYD continued to climb fast, grabbing 1.1 per cent market share of all car sales in the month versus Tesla's 0.7 per cent. Tesla stock fell 1.5 per cent in afternoon trading Thursday. Musk angered many Europeans by wading into politics there, embracing far-right candidates, calling a British prime minister an evil tyrant who belongs in prison and telling Germans things will get very, very much worse in their country if they didn't vote for the anti-immigrant Alternative for Germany party. Protests broke out in several cities, including a hanging of the billionaire in effigy in
Tesla to open its first NCR showroom in Delhi's Aerocity, marking its second India outlet in a month; Model Y will be on display and sale
Tesla India Motor & Energy Pvt Ltd has signed a nine-year lease for an 8,200 sq. ft. ground-floor retail space at Worldmark 3 in Aerocity, New Delhi, to set up a flagship showroom.
The team has lost about 20 workers recently to newly formed DensityAI, and remaining Dojo workers are being reassigned to other data center and compute projects within Tesla
Tesla first charging facility in Mumbai features superchargers and AC stalls; three more charging locations to open in Mumbai this quarter
American electric car maker Tesla on Friday said it will launch its first charging station in Mumbai next week. The company, which had announced its much-awaited entry into the Indian market last month, said the first Tesla Charging Station in India will feature four V4 Supercharging Stalls (DC charging) and four Destination charging Stalls (AC charging). The Tesla Supercharging Stalls offer a peak charging speed of 250 kW starting at Rs 24/kW and destination chargers providing 11kW at Rs 14/kW, it said in a statement. "This will be the first of the eight Supercharging sites that were announced during the launch in Mumbai, with more planned across the country, to provide the optimal cross-country experience," the company added. Last month, Tesla launched its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre at the Maker Maxity Commercial Complex, in Bandra Kurla Complex, Mumbai. Tesla said the "Model Y can add up to 267 kilometres of range in j
ChatGPT said: Tesla CEO cited the loss of US EV incentives and delays in driverless tech rollout, saying the company may not see "compelling" economics again until late 2026