Page 28 - Tesla

Elon Musk begins second day of China visit after emphasizing ties

Tesla wants to pursue a deal similar to one that Ford Motor Co. announced in February with CATL to construct a plant wholly owned by the US automaker

Musk meets China's Qin Gang, calls for mutual respect in US-China relations

China's foreign minister met Tesla Ltd. CEO Elon Musk on Tuesday and said strained U.S.-Chinese relations require mutual respect, while delivering a message of reassurance that foreign companies are welcome. U.S.-Chinese relations are especially tense after Washington shot down a Chinese balloon believed to be gathering intelligence and warned Beijing against supplying arms to Russia for its war against Ukraine. The Wall Street Journal reported China has rejected a request for its defense minister to meet the U.S. defense secretary when both are in Singapore this weekend. We need to keep the steering wheel in the right direction of mutual respect, peaceful coexistence and win-win cooperation, Qin Gang told Musk, according to a ministry statement. The two sides should avoid dangerous driving,' Qin said. He gave no details of steps to improve relations. Musk's visit comes at a time when the ruling Communist Party is trying to revive investor interest in China's slowing economy. Fore

US ends probe into Tesla for allowing video games in vehicles while moving

U.S. highway safety regulators have closed an investigation into Tesla allowing video games to be played on centre touch screens while vehicles are moving. The National Highway Traffic Safety Administration says in documents posted Tuesday that Tesla disabled the feature called passenger play with an online software update in December of 2021, under pressure from the agency. The agency said in documents that removing passenger play resolved its concerns about distracted driving that could be caused by the feature. The software update covered more than 580,000 vehicles from the 2017 through 2022 model years. One month after software update went out, Tesla reported that 97% of the vehicles had received it. The agency said it opened the investigation in December of 2021 after getting a complaint from a Tesla owner that games could be played by the driver while the vehicles are moving. The investigation was opened to assess the driver distraction potential. It says in documents that

Mitsubishi, Tesla, Ola Electric to bid for India's lithium reserves

Automakers appear to be at the forefront of bidders for the recently uncovered lithium reserves in the Jammu and Kashmir region

Top Headlines: IPEF deal on supply chains in Detroit, GDP preview and more

Business Standard brings you top news at this hour

Tesla Model Y becomes 1st EV to earn world's best-selling car tag

The 2023 Model Y starts at $47,490, considerably more than the 2023 Corolla ($21,550) and RAV4 ($27,575), said the report

Tesla whistleblower leaks data on customers' Full Self-Driving complaints

Challenging Musk's full self-driving claims, a Tesla whistleblower has reportedly leaked data to a German media outlet that contains thousands of customer complaints about automaker's FSD features

Ford EV owners to get access to Tesla Supercharger network next spring

All of Ford Motor Co's current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the US and Canada starting next spring. Ford CEO Jim Farley and Tesla CEO Elon Musk announced the agreement Thursday during a Twitter Spaces audio chat. We think this is a huge move for our industry and for all electric customers, Farley said. Musk said he didn't want Tesla's network to be a walled garden and that he wants to use it to support sustainable transportation. It is our intent to do everything possible to support Ford and have Ford be on an equal footing at Tesla Superchargers, Musk said. Farley said there will be a cost to Ford owners, perhaps a monthly subscription, but he didn't give specifics. Details of any financial arrangement between Ford and Tesla were not announced. At first, Ford's current electric vehicles will need an adapter to hook into the Tesla stations, which have their own connector. But Ford will switch to Tesla's North America

Why Tesla makes in China, not in India

It has been acting pricey in India, where there are just two significant indigenous makers of passenger cars and utility vehicles

Tesla to pick location for new factory by year end, says Elon Musk

(Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Tuesday the automaker would probably pick a location for a new factory by the end of this year.

Weekend Bites: Tesla, Rs 2,000 note, and it's dog-eat-dog in food delivery

In which we munch over the week's platter of news and views

Ford CEO Farley out to prove Wall Street wrong on 'crazy high' EV goal

Wall Street still needs a lot of convincing. Ford projects losses from its EV unit to be $3 billion this year. Meanwhile, Tesla continues to dominate the US market and has been cutting prices

Tesla seriously looking at India production, innovation base: Chandrasekhar

Tesla proposed setting up a factory in India to build electric vehicles (EVs) and is also looking at manufacturing EV batteries, Reuters reported

Tesla delegation stops short of committing to India plant in renewed talks

A delegation of Tesla Inc. executives to India discussed the possible local sourcing of components and incentives but stopped short of proposing to build vehicles in the country

Centre unlikely to offer import duty concessions to Tesla: Report

The present customs duty regime in India does not distinguish between electric cars and those that run on hydrocarbons and imposes high duties

Tesla discusses incentive scheme for auto sector with Indian officials

Tesla Inc asked how it could take part in domestic incentives in India related to car and battery manufacturing

Tesla plans to build EV plant in India for domestic sales, exports

Senior Tesla executives are in India this week to meet the government to discuss local sourcing of parts and other issues, Reuters reported on Tuesday

Musk hits out at Soros after billionaire sells his entire Tesla stake

Musk replied to the reports of Soros selling his entire stake at Tesla, saying: "He wants to erode the very fabric of civilization"

Not stepping down as Tesla CEO, company will start advertising soon: Musk

Elon Musk on Tuesday dismissed speculation that he might step down as Tesla's CEO and told the company's annual shareholders meeting that the the electric car and solar panel company would start doing some advertising. Say it ain't so, one shareholder asked Musk about stepping down as Tesla's leader. It ain't so, he replied without further discussion. When another shareholder suggested that Tesla try advertising, Musk said he is open to it. This has some merit, he said to the shareholder at the meeting at Tesla's factory site near Austin in Texas. We'll try a little advertising and see how it goes. Tesla famously has avoided paying for advertising like its competitors, relying a lot on Musk's ability to generate free publicity he has 140 million followers on Twitter, the social media company bought for USD 44 billion last fall. Musk told shareholders that the company's Full Self-Driving software is getting close to where it's safer than human driving. He previously has said the .

Elon Musk criticises working from home as 'morally dubious practice'

Musk has been a strong advocate for return-to-office policies and issued an ultimatum to Tesla employees last summer, requiring employees to spend a minimum of 40 hours in the office per week