Page 11 - Tesla

Tesla sales plunge globally as anti-Elon Musk backlash takes hold

In California, Tesla sales fell 12 per cent last year as Musk attacked leaders of a state that played a pivotal role in the carmaker surviving its tumultuous early years

Elon Musk's India move shows the cracks in Donald Trump's coalition

Tesla has long wanted to sell cars in India, but Musk has balked at the high tariffs that would be applicable on imported high-end EVs

Tesla must price India models competitively as buzz around entry grows

Tesla has also ended its true low-cost Model 2 efforts a year ago, shifting its focus to robotaxi and robotics plans

Tesla's market capitalisation slips below $1 trillion as Europe sales sink

Tesla shares are now by far the biggest decliner among the mega-cap technology stocks, weighing heavily on the group's overall performance

Tesla sales crash in Europe, dropping 45% in Jan as EV competition heats up

Billionaire Elon Musk's increasing involvement in US politics and controversial stance on European leaders may have also attributed to the fall in Tesla sales

The Tesla factor: Its India entry as a disruptor may have limited impact

The possible game changer could lie in the fact that Tesla reportedly sources components from India worth $1 billion a year

Tesla entry not a major threat to electric vehicle OEMs, says CLSA

Even if Tesla launches a BEV at $25,000, CLSA feels that features and specifications would be 'meaningfully compromised' compared to its traditional models

Musk's cost-cutting team cuts staff at auto safety regulator for Tesla

Elon Musk's cost-cutting team is eliminating jobs at the vehicle safety agency that oversees Tesla and has launched investigations into deadly crashes involving his company's cars. The National Highway Traffic Safety Administration has cut a modest amount of positions, according to a statement from the agency. Musk has accused NHTSA of holding back progress on self-driving technology with its investigations and recalls. Asked about whether the cuts would impact any probes into Tesla, the agency referred to its statement that says it will enforce the law on all manufacturers of motor vehicles and equipment. The job cuts at NHTSA enacted by Musk's advisory group on shrinking the federal government, the Department of Government Efficiency, was earlier reported by The Washington Post. In addition to investigations into Tesla's partially automated vehicles, NHTSA has mandated that Tesla and other automakers using self-driving technology report crash data on vehicles, a requirement that

Tesla, other cos welcome to invest, manufacture in India, says Piyush Goyal

India welcomes Tesla and also all the other global companies which want to invest and manufacture in the country, Union Minister Piyush Goyal said on Saturday. Replying to a question on Elon Musk-promoted EV maker Tesla's speculated entry into India, Goyal said the American company is welcome to set up a presence in India. It is the give and take which creates mutually beneficial partnerships, the minister said, making it clear that India is not anti-imports. "We welcome Tesla and also all the other global companies who want to invest and manufacture in India," Goyal said. The minister also said that construction activity and vehicle exhaust are the prime reasons for pollution in cities. He assured that the government is committed to reducing pollution, citing efforts like encouraging usage of electric vehicles as a step in the same direction. "In cities, the main reason for pollution is construction and vehicular pollution," Goyal, who handles the Commerce portfolio, said. Switch

Tesla's hunt for a factory site in India takes it to Andhra Pradesh

State has likely offered pre-acquired land at three potential locations

Japanese group draws up plans for Tesla to invest in Nissan: Report

Some analysts, however, are doubtful of Tesla's interest in acquiring U.S. plants, citing its ample capacity at existing factories and first decline in yearly deliveries in 2024

Govt to cap EV charging investment for tariff relief as Tesla's entry looms

India last year announced a policy aimed at attracting Tesla to manufacture EVs in the country and let such foreign carmakers import cars at a 15% tariff

Tesla recalls nearly 380,000 vehicles in US over power steering issue

Tesla said some 2023 Model 3 sedans and Model Y crossovers which run on older software may experience an overvoltage breakdown

Buy dips in auto stocks amid Tesla's India debut, Trump tariffs: Analysts

Trump tariff news, Tesla India: US President Donald Trump said he would levy around 25-per cent import tariffs on automobiles, starting April 2, 2025

Can Tesla's entry supercharge India's ailing EV charging infrastructure?

India's EV charging infrastructure, while expanding, remains in its infancy. Tesla's entry into India might just be the spark needed

Tesla to import cars from Germany, not China, as India plans take shape

The Berlin factory, which produces the Tesla Model Y, is now likely to manufacture right-hand drive vehicles for the Indian market

Musk's companies set to add $613 bn in value since presidential election

Investors are eager to get close to Musk, the so-called first buddy, who poured money into President Trump's campaign and is now running the administration's controversial cost-cutting efforts

Can 'Make in India' help Tesla navigate increasing global roadblocks?

After prolonged speculation about Tesla's entry into the Indian market, the Elon Musk-led EV major has begun the process of setting up its manufacturing unit in India

Musk's Tesla may face licensing delays in China amid Trump tariff threats

Chinese authorities may be considering leveraging Tesla's approval process as a strategic tool in ongoing trade negotiations with the US government

EV giant Tesla likely to open first showroom in India, begins hiring

Carmaker may enter Mumbai, NCR markets