Page 2 - Tesla Inc

Tesla sees retail exodus in South Korea as investors turn to crypto

The exodus signaled waning enthusiasm among one of Tesla's most loyal global retail bases, whose buying sprees once amplified the stock's rallies

Tesla EU sales plunge 40% in July as anger at Musk drives 7th monthly drop

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 opens showroom in Delhi Aerocity, EV deliveries to begin by Sept

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 locks ₹17 lakh-a-month deal for Aerocity store, plans Gurugram launch

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.

Tesla disbands Dojo supercomputer team as leader Peter Bannon exits

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 launches first charging station in India at BKC, Mumbai: Details here

Tesla first charging facility in Mumbai features superchargers and AC stalls; three more charging locations to open in Mumbai this quarter

Tesla to inaugurate first India supercharging station in Mumbai next week

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

Musk warns of 'rough' patch ahead after Tesla's weakest quarter in years

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

Tesla's California EV sales fall for 7th straight quarter amid weak demand

A total of 41,138 Teslas were registered in the state last quarter, a 21 per cent drop year over year for the company's seventh straight quarterly decline

Can Elon Musk be trusted as two cases threaten Tesla, his car company

Elon Musk fought court cases on opposite coasts Monday, raising a question about the billionaire that could either speed his plan to put self-driving Teslas on US roads or throw up a major roadblock: Can this wildly successful man who tends to exaggerate really be trusted? In Miami, a Tesla driver who has admitted he was wrong to reach for a dropped cell phone moments before a deadly accident, spoke of the danger of putting too much faith in Musk's technology in this case his Autopilot programme. I trusted the technology too much, said George McGee, who ran off the road and killed a woman out stargazing with her boyfriend. I believed that if the car saw something in front of it, it would provide a warning and apply the brakes. In unusual coincidence, regulators arguing an Oakland, California, case tried to pin exaggerated talk about the same Tesla technology at the centre of a request to suspend the carmaker from being able to sell vehicles in the state. Musk's tendency to talk bi

ACKO selected as preferred insurance partner for Tesla customers in India

Tesla has picked ACKO as its preferred insurance partner in India to offer embedded, digital-first car insurance with the launch of its first showroom in Mumbai

Tesla Model Y launches at ₹60L in India: Here's how much it costs worldwide

Tesla officially launched the Model Y in India at ₹60 lakh after years of lobbying for lower import duties

Tesla on trial in Florida over fatal crash linked to autopilot system

Family members of the woman killed in the crash, Tesla engineers and auto-safety experts are expected to provide testimony in a federal courtroom in Miami during the jury trial

Tesla to open first India store in Mumbai on July 15, with more to follow

US electric automaker Tesla's Mumbai showroom will mark its India entry, with Delhi and other cities expected to follow as part of its expansion plan

Wall Street falls as fears over Trump's new tariffs weigh on markets

Stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the US take effect. The S&P 500 lost 0.8 per cent Monday. The Dow Jones Industrial Average gave back 0.9 per cent, and the Nasdaq composite fell 0.9 per cent. Tesla tumbled as the feud between CEO Elon Musk and President Donald Trump reignited over the weekend. Musk, once a top donor and ally of Trump, said he would form a third political party in protest over the Republican spending bill that passed last week. US stocks are losing ground in afternoon trading Monday as the Trump administration steps up pressure on trading partners to make deals before punishing tariffs imposed by the US take effect. The S&P 500 was down 1.2 per cent in the first day of trading in the US after a holiday-shortened week. The benchmark index remains near its all-time high set last week. The Dow Jones Industrial Average was down 641 points, or 1.4 per ...

Elon Musk threatens new political party if GOP backs Trump's policy Bill

That was the saber-rattling declaration of Elon Musk, should Republicans on Capitol Hill pass President Trump's sweeping domestic policy bill

Elon Musk sets June 22 as launch date for Tesla's Robotaxi service

Musk said in a post on his social media site X that the date could shift because Tesla is being "super paranoid about safety"

Hope Elon comes back into the fold: JD Vance on Trump-Musk public feud

Musk helped elect Trump and Vance in 2024 and assumed a role heading the Department of Govt Efficiency, a cost-cutting effort that has so far fallen well short of the Tesla chief's initial promises

Tesla shares fall as growing Trump-Musk spat rattles investors

On his social media platform X, Musk has called on Congress members to kill the legislation, calling it a "disgusting abomination"

Global majors keen to make electric cars in India; Elon Musk's Tesla quiet

The window for applications under the scheme will be open in the next one to two weeks