Twitter has acknowledged for the first time that its core advertising business could be at risk amid the $44 billion takeover by Elon Musk
Union road transport and highways minister Nitin Gadkari on Monday said that if the US-based EV maker Tesla manufactures its electric vehicles in India then the company will also get benefits. Addressing an event here, Gadkari said days are not very far when the prices of all electric vehicles will be less than the cost of petrol vehicles in the country. "Agar Tesla India me electric car manufacture karega toh unka bhi fayda hoga (If Tesla manufactures its electric vehicles in India then they will also get benefits)," he said. Earlier on April 26, Gadkari had said, if Tesla is ready to manufacture its EVs in India then there is 'no problem', but the company must not import cars from China. "If Elon Musk (Tesla CEO) is ready to manufacture in India then there is no problem ... Come to India, start manufacturing, India is a large market, they can export from India," he had said at an interactive session at the Raisina Dialogue. Last year, the heavy industries ministry had also asked
He sold about 9.6 million shares this week
Tesla has recalled 14,684 Model 3s due to a software glitch that could cause collisions, China's market regulator said on Friday, in its second recall in the country this month.
The fires in Indian EVs have also sparked debate about India's dependency on imported auto parts that are then assembled locally
A US judge has sided with Elon Musk in a hefty lawsuit brought by Tesla shareholders, which accused the executive of coercing the electric vehicle company's board into buying SolarCity back in 2016
Agrawal has earlier said that "Twitter has a purpose and relevance that impacts the entire world"
When Elon Musk announced his surprise bid for Twitter Inc earlier this month, he said the social media company should reach out to his family office with any questions.
Dwells on top domestic and global players that are coming up with high-performing electric four-wheelers, points to surging demand for the new tech that Tesla has claimed to champion over past decade
Bezos drew attention to Tesla's close ties with China, the world's biggest electric vehicle market and home to the company's first overseas factory
The company's decision to engage with Musk, taken earlier on Sunday, does not mean that it will accept his $54.20 per share bid, the sources said
As Musk ramps up his battle to buy Twitter, the lingering ramifications of his prior use of the social media platform may come back to haunt him
The 'poison pill' provision will be triggered if Musk (or any other investor) acquires more than 15 per cent of the company's shares. Musk currently owns around 9 per cent of Twitter's shares
Musk optimistic about overcoming supply issues, foresees a big 2022 production gain
Late last year, Musk netted $16.4 billion from selling about 10 per cent of his stake in Tesla to meet tax withholding obligations related to the exercise of stock options
The offer from Musk, who has hinted at the possibility of a hostile bid, has prompted the social media company to adopt a 'poison pill' to protect itself
In October last year, Tesla was ordered to pay $137 million in damages to a Black former contractor who accused the company of ignoring discrimination and racial abuse
Dorsey, who left Twitter in November last year -- handing over the baton to Indian-origin Parag Agrawal -- remains a board member until next month with his 2.2% share
Musk, during an interview Thursday at the TED 2022 conference, said he had the funding to take Tesla private in 2018
Musk said that Tesla believed that the usage amongst owners was too low to justify supplying the cable with every new car delivery