To facilitate EV manufacturing in India, the government could also provide some concessions for the import of Tesla's critical parts
Tesla Founder Elon Musk's ambition to build a high-volume affordable car is not new
Tesla already has a substantial presence in China, and now, the company is looking at India as an export base to supply cars to other markets in the Indo-Pacific region
T R B Rajaa, the Minister for Industries, Investments and Commerce, Tamil Nadu government, is targeting $6 billion of investments in the EV sector in the near future
In a conversation with Ruchika Chitravanshi, Singh, whose stint at the think tank ended on Friday, says the EV segment in India is seeing interest from global players such as Tesla
The latest goal of the South Korean car manufacturer is an update from its earlier target of selling 1.87 million EVs by 2030
At present, most of Tesla's vendors are Chinese, and they will need to establish joint ventures with Indian firms to operate in the country
With plans to import and sell cars off the table, Elon Musk's flagship is exploring the challenging prospect of an assembly plant for a cheaper electric vehicle
Can Tesla finally come to India? How will TCS on credit card spend abroad affect you? Will markets turn around in the short term? What is an angel's share? All answers here
Top Tesla officials are visiting India this week to speak with government officials and discuss local sourcing of parts and other issues
Musk named former NBC Universal advertising chief Linda Yaccarino as Twitter's new CEO last week
Senior executives from firm to hold meetings with top Indian officials
Since April 19, when Tesla deducted prices for a few of its vehicles in the US, this is the second time that the Model S, Model X, and Model Y have seen their prices increase
Tesla discontinued the perk in 2018 after claiming that it was unsustainable, though it was occasionally reinstated as a sales incentive
"I hesitate to say this but I think we'll do it this year," said Tesla CEO Musk, speaking on a conference call
Ex-CEO Parag Agrawal, Twitter's former general counsel Vijaya Gadde and Ned Segal, former chief financial officer were removed from their positions
Elon Musk-owned Tesla has slashed the prices of its EVs across its lineup in the US for the second time, which might be in an effort to boost sales before the end of the quarter
Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories. CEO Elon Musk and other executives outlined the goals during a 3 1/2-hour investor day presentation at Tesla's Austin, Texas, headquarters Wednesday as they presented the company's third master plan. The changes could bring the cost of a new generation of vehicles to around $25,000. Many investors were hoping to catch a glimpse of the next generation vehicles, but Musk said they wouldn't be shown until a proper product unveiling. We'd be jumping the gun if we answer your question, about the new vehicles, he told an analyst. Shares of Tesla fell nearly 6% in after-hours trading during the presentation that ended just after 8 p.m. Eastern time. Musk announced that Tesla plans to build a new factory in Mexico near Monterrey. Company executives said it will not take production from any other factories, where Tesla expects to expand ...
Microsoft-owned OpenAI has announced that it is now allowing third-party developers to integrate ChatGPT and Whisper into their apps and services with an application programming interface (API)
Approximately 4 per cent of the employees on the Autopilot labeling team in Buffalo were exited as a result of this performance review cycle: Company