Page 26 - Tesla

Tesla in talks with India to set up factory with 500,000 annual capacity

India was keen for Tesla to manufacture vehicles locally, but the company said it wanted to export its cars first so that it could test the strength of demand

'Refer & earn': EV maker Tesla rolls out global incentives to boost sales

Automakers have historically used employee and loyalty discounts to lower the sticker price

US agency seeks updated responses, data from Tesla in Autopilot probe

NHTSA has said evidence had raised questions about the effectiveness of Tesla's alert strategy, which seeks to compel driver attention

Tesla sales jump 83% from a year ago on tax credits, broader adoption

Tesla's second-quarter deliveries rose 83 per cent from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of US government tax credits. The Austin, Texas, producer of EV, solar panels and batteries said Sunday that it sold a record 466,140 vehicles worldwide from April through June, nearly doubling the 254,695 it sold during the same period a year earlier. The vast majority of the sales were Tesla's popular Model 3 and Model Y versions. But the price cuts, both for special orders and on existing inventory, raised questions from analysts who expect the cuts to reduce Tesla's profit margins when it announces second-quarter earnings on July 19. Tesla's sales were better than Wall Street expectations. Analysts polled by data provider FactSet expected deliveries of 445,000 for the quarter. The company produced 479,700 vehicles from April through June, about 13,000 more than it sold, indicating that inventories may be ...

Elon Musk's Tesla may have already won the charging technology wars

Some industry officials fear that the messy corporate jockeying over charging technology could discourage people from buying electric cars

K'taka invites Tesla to invest, says ready to provide necessary facilities

The Karnataka government on Friday invited Tesla Inc, the world's largest electric car maker, to invest in the state, saying it is the ideal destination for the company's expansion into India, and that the authorities here are ready to support the company and its ventures and provide the necessary facilities. Tesla said earlier this week that it is looking to make a significant investment in India. After meeting Prime Minister Narendra Modi in the US, Tesla chief Elon Musk said he saw India as holding more promise than any other large country around the globe. He said he plans to pay a visit to the country in 2024. "I am confident that Tesla will be in India and we will do so it as soon as humanly possible," Musk told reporters after the meeting. "We don't want to jump the gun on an announcement, but I think it's quite likely that it will be a significant investment, a relationship with India." India, the world's third-largest energy consumer, is pitching as an alternate ...

Musk eager to bring Starlink to India, but faces resistance from Ambani

Following a meeting with Indian Prime Minister Narendra Modi in the U.S. on Tuesday, Musk said he was keen to launch Starlink in India which "can be incredibly helpful" in remote villages

Global money flocks to India as PM Modi meets Elon Musk, Ray Dalio

Stocks in India have lured almost $10 billion in net foreign inflows since March, set to be the most in any quarter since the end of 2020

Tesla looking at investment in India, says Elon Musk after meeting Modi

India has strong potential for a sustainable energy future including solar power, stationary battery packs and electric vehicles, Musk said

Day 1 of PM Modi's US trip: From EVs to space; here's what was discussed

Apart from Elon Musk, PM Modi met Nassim Nicholas Taleb, Robert Thurman, and Neil deGrasse Tyson, among others on the first day of his US trip

Elon Musk meeting on PM Modi's US agenda as India seeks Tesla factory

The meeting, which will potentially include more than 20 other high-profile individuals, is expected to take place early evening in New York, the person said

Cybertruck's prototype spotted arriving in New Zealand by plane: Report

Elon Musk-owned Tesla's much-awaited Cybertruck's prototype has been spotted arriving in New Zealand by plane, possibly for the electric pickup truck's last winter testing

Elon Musk courts EU leaders as Twitter's future hangs in the balance

With billions at stake in potential investment, EU leaders are jockeying to win over the world's richest man

Climate laws could price Americans out of EV market, BYD executive warns

BYD Co., China's homegrown company that's now become the world's hottest maker of electric vehicles, has a warning for the US

Indian small-cap Urja Global's shares jump on Tesla-deal confusion

Shares of Indian small-cap renewable energy company Urja Global jumped nearly 40% in two sessions following a deal with Gurugram-based Tesla Power India

Good for industry: Zuckerberg hails Musk for making Twitter 'a lot leaner'

Meta CEO Mark Zuckerberg has praised Tesla and SpaceX CEO Elon Musk for making Twitter "a lot leaner" which has been "good for the industry" overall

General Motor's EVs to gain access to Tesla's vast charging network

Electric vehicles made by General Motors will be able to use much of Tesla's extensive charging network beginning early next year under an agreement the two companies have announced. In addition, GM will adopt Tesla's connector, the plug that links an electric vehicle to a charging station. GM joins Ford in shifting its electric vehicles to work with about 12,000 of Tesla's roughly 17,000 chargers, and both Detroit automakers are pushing to make Tesla's connector the industry standard. Barra and Musk made the announcement during a Twitter Spaces conversation. Their discussion comes two weeks after Ford CEO Jim Farley joined Musk to announce that Ford's electric vehicles would gain access to much of Tesla's EV-charging network, the largest in the nation. Farley also said Ford would switch to Tesla's charging network connector rather than to a different one that is used by the rest of the industry.

After Centre's demand, Tesla agrees to set up vendor base in India: Report

After relocation to India, vendors will be required to form joint ventures with Indian companies as India does not support 100% Chinese investments post-2020 Galwan clashes

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Centre not looking at any 'tailored incentives' as of now for Tesla: Report

The union government is not looking at extending any tailor-made incentives to US-based electric car maker Tesla as of now, though states are free to offer concessions to the company, sources said. They also said that the company is talking about building a complete supply chain in the long run as they are showing keen interest in India. The representatives of the firms visited the country last month and held meeting with various parts of the government, including the commerce and industry ministry. "We have made it very clear that imports are not the preferred thing from our side...The company is talking big in terms of complete supply chains," one of the official sources said. When asked about extending incentives to the firms, they added that "the government is not looking at any tailored incentives as of now. States are a different matter. States might compete with each other and someone might give them (concessions)". In 2021, the US-based electric car maker demanded a reduct