Page 4 - Tesla Motors

India will not tailor its policies to suit US EV maker Tesla: Piyush Goyal

India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than USD 40,000, and 100 per cent for cars of higher value. In an interview with PTI, Goyal said the government recognises the need for a vibrant EV ecosystem as greater use of battery-run vehicles will cut carbon emissions as well as the staggering oil import bill. But for this, it will not tailor policies that suit any one company and would rather frame ones that will encourage all-electric vehicle manufacturers from across the world to set up shop in India, he said. "We are working on several initiatives where we are having inter-ministerial (consultations) and a dialogue

US auto safety agency upgrades probe into Tesla power steering loss

The National Highway Traffic Safety Administration (NHTSA)said on Friday the investigation covers about 334,000 Model 3 and Model Y vehicles from the 2023 model year

Tesla to recall over 2 mn vehicles in US due to warning font size issue

The recall includes nearly all of its models, including Model S, Model X, 2017-2023 Model 3, Model Y, and 2024 Cybertruck vehicles, NHTSA said

Elon Musk's $55 billion pay package at Tesla voided, things to know

When the package was proposed in early 2018, the goals seemed like moonshots. The top threshold in each category required Tesla to grow by more than 11-fold

Delaware judge rules 'unfathomable' pay deal made Tesla CEO overpaid

The judge called Tesla's process of approving the pay package "deeply flawed"

Tesla expects slowing of growth before new EV model launch in 2025: Musk

Tesla started slashing the prices of its cars in late 2022, igniting a price war that singed US rivals including Ford, who have all slowed EV production

Tesla recalls over 1.6 mn imported vehicles for steering, door issues

Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles imported to China for problems with their automatic assisted steering functions and door latch controls. China's State Administration for Market Regulation announced the recall on Friday. It said Tesla Motors in Beijing and Shanghai would use remote upgrade technology to fix the problems, so in most cases car owners would not need to visit Tesla service centres to get the upgrades. The recall due to problems with the automatic steering assist function applies to 1.6 million imported Tesla Model S, Model X, Model 3 and Model Ys. When the automatic steering function is engaged, drivers might misuse the combined driving function, increasing a risk of accidents, the notice said. The recall to fix the door unlock logic control for imported Model S and Model X EVs affects 7,538 vehicles made between October 26, 2022 and November 16, 2023. It is needed to prevent door latches from coming open during a ...

BYD pulls ahead as world's biggest producer of battery passenger cars

After a $12 billion selloff during November, BYD is as cheap as it has been going back to the start of 2010, despite 31 out of 32 analysts putting a Buy rating on the stock

Tesla deliveries beat estimates in Q4 as year-end sales push pays off

The automaker delivered a record number of vehicles in the fourth quarter and hit its 2023 target of 1.8 million, helped by increasing discounts on key models

India cautious as Tesla yet to share electric vehicle launch pricing

The Texas-headquartered electric vehicle (EV) manufacturer has not disclosed pricing details for the introduction of its cars in the Indian market

Tesla shares fall on long wait for Cybertruck payoff, hefty price tag

Musk has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025

Tesla plans to build $26,838 car at its factory in Germany: Report

Musk had long planned to make a more affordable electric car, but said in 2022 he had not yet mastered the technology and shelved the plan

Tesla discusses India plans with commerce minister Goyal in Delhi -sources

Tesla has expressed an interest in building a factory in India that would produce a low-cost electric vehicle (EV) priced at $24,000, around 25% cheaper than Tesla's current entry model

TMS Ep461: Tesla Motors, new vs old IITs, PSU stocks, green diamonds

Can Tesla do a Maruti for India's EV ecosystem? How can new IITs catch up with older ones? How to play PSU stocks amid divestment slowdown? What are green diamonds? All answers here

Tesla earnings drop 20% but Elon Musk to put sales ahead of profit

Stock tanks 8%; operating margin shrinks to 11.4%, a roughly two-year low, after several price cuts

Tesla aims to produce 50,000 Semi electric trucks in 2024: Elon Musk

Elon Musk-owned electric vehicle company Tesla is aiming to produce 50,000 Tesla Semi units per year in 2024

Tesla unveils home charging station that works with other electric vehicles

Electric vehicle company Tesla has launched a home charging station or Wall Connector as it calls it that works with other electric cars too, not just Tesla vehicles

Tesla recalls 1.1 mn vehicles to prevent drivers from pinching by windows

Elon Musk-run Tesla has recalled around 1.1 million vehicles to prevent drivers from getting pinched by the windows while being rolled up

Tesla wants videos of its vehicles crashing kid-sized dummies to be removed

The controversy surrounding the safety of Tesla's Full Self-Driving software has intensified as the car maker has demanded the removal of its electric vehicles crashing into kid-sized dummies videos

Tesla to build 10-12 gigafactories in years to come, hints Elon Musk

Tech billionaire Elon Musk has hinted that Tesla would probably build "at least 10 or 12 gigafactories" in years to come, teasing another gigafactory location to be chosen later this year.