Page 2 - Tesla Inc

Tesla, VinFast make quiet start in India's electric vehicle market

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 launches cheaper versions of 2 EVs in bid to win back market share

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

Elon Musk to be world's first trillionaire with new compensation package?

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

Tesla's UK car sales rise in August despite broader auto dip, data shows

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

Govt may hike GST on luxury EVs, blow for Tesla, BMW, Mercedes, BYD

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)

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 ...