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
Chinese authorities may be considering leveraging Tesla's approval process as a strategic tool in ongoing trade negotiations with the US government
Carmaker may enter Mumbai, NCR markets
The electric-vehicle maker sought candidates for 13 roles, including customer-facing and back-end jobs, according to advertisements on Monday on its LinkedIn page
PM Modi US visit: Following his discussion with Elon Musk, PM Modi shared a post on social media platform X, describing the meeting as 'very good'
US President Donald Trump had signed executive orders to roll back EV incentives and regulations, reversing the previous administration's climate policies
Such comments often leave investors guessing what Tesla will actually deliver, and when, said Brian Mulberry, client portfolio manager at Zacks Investment Management, a Tesla investor
But those numbers are increasing every day, according to an official familiar with the data, and the Trump administration expects a spike in resignations
For Elon Musk fans, it's the half a trillion-dollar bet. That is how much the stock market value of Tesla has rocketed since the presidential election, a vertiginous climb uninterrupted in recent days despite a disappointing financial report that would have sunk the stock of nearly any other company. Investors are wagering that President Donald Trump will help Musk's company more than hurt it with his plans to take an axe to reams of Washington regulations and wield tariffs to get his way with key trading partners. Less regulation? Fantastic. Trade war? No biggie. It's going to be a golden age for Tesla and Musk, said Wedbush Securities financial analyst Dan Ives, adding after an investor conference call Wednesday, This is the most bullish I've ever heard Musk. Investing in Tesla has long been a gamble. Odds were against Musk creating a successful electric car company, never mind growing it to become the world's most valuable automaker and in the process making himself the world'
The revenue in question comes from the regulatory credits Tesla generates by selling EVs, which comply with increasingly stringent pollution standards governments have set around the world
Tesla plans to launch its autonomous ride-hailing service in Austin in June and then in other cities by the end of the year
Electric automaker Tesla is set to roll out affordable EVs and launch a paid autonomous car service in 2025, focusing on cost cuts and innovation despite a dip in vehicle deliveries last year
In November 2024, SpaceX's Starship, owned by Musk was launched amid much anticipation and fanfare as the rocket embarked on its sixth test flight
A town in Poland is encouraging Elon Musk to buy its vast 13th-century castle and turn it into his European headquarters. The mayor of Glogowek, Piotr Bujak, said Tuesday that he recently posted the invitation on Musk's social media platform X and has sent letters to his companies, advocating for him to buy the castle. No price tag has been announced, and Musk hasn't responded to the offer so far. Bujak told The Associated Press that he saw media reports in Europe suggesting that the US tech billionaire is looking for a sizeable location, possibly a castle in Italy, as a hub for his operations on the continent. The Glogowek castle in southwestern Poland boasts a rich history going back to the Middle Ages, briefly serving as Poland's capital in the 17th century. It has also hosted composer Ludwig van Beethoven, who wrote music there. The castle has a very good vibe and is a perfect location for great things, Bujak told the AP. The area has a long winemaking tradition. We do not f
Tesla said it was investigating to determine whether any affected vehicles have experienced stress that could result in a shorting failure
CATL, the world's largest battery maker, is a major supplier of lithium iron phosphate (LFP) batteries to Tesla for its Shanghai factory
US regulators have opening an investigation into 2.6 million Tesla after reports of crashes involving the use of company technology that allows drivers to remotely command their vehicle to return to them, or move to another location, using a phone app. The National Highway Traffic Safety Administration also said Tuesday that Tesla has failed to report any of the accidents. Tesla is under order to report crashes on publicly accessible roads involving vehicles being operated through its autonomous driving technology. The new investigation follows another probe launched in October looking into the company's Full Self-Driving system after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian. That investigation covers 2.4 million Teslas from the 2016 through 2024 model years. Tesla did not respond to a request for comment from The Associated Press on Tuesday. One driver filed a complaint after a crash while using Tesla's Actually Smart Summon .
Panasonic Energy, which supplies batteries to Tesla and other automakers, is a unit of Japanese electronics giant Panasonic
Tesla's record China sales while its worldwide deliveries fell is reflective of the global EV landscape as China is the only major market seeing robust growth
Videos taken by witnesses inside and outside the hotel showed the vehicle exploding and flames pouring out of it, as it sat outside the hotel