Tesla leases 24,565 sq ft facility in Kurla West for vehicle servicing, signalling expansion in India amid market launch preparations
Tesla is likely preparing for a market launch in India, although local production isn't part of its initial plans
Elon Musk has officially left his position as a Special Government Employee under US President Donald Trump. Watch the video to know the reason behind his exit.
Elon Musk called Trump's 'Big Beautiful Bill' a 'massive spending bill' that raises the deficit and undercuts DOGE's cost-cutting work
Tesla CFO Vaibhav Taneja earned $139 million in 2024, surpassing the pay of Microsoft's Satya Nadella and Alphabet's Sundar Pichai
Tesla CFO Vaibhav Taneja earned $139 million in 2024, surpassing paychecks of top CEOs like Satya Nadella and Sundar Pichai, marking the highest CFO compensation in decades
Billionaire Elon Musk said Tuesday he's committed to being CEO of Tesla in five years' time as the automaker faced intense consumer and stock-price pressure over his work with President Donald Trump's government. The question came as Musk made a video appearance at the Qatar Economic Forum hosted by Bloomberg after Musk recently travelled to Doha as part of Trump's Mideast trip last week. The SpaceX and Starlink chief offered terse sentences and grew combative over questions regarding his businesses and how his involvement in American politics had affected his businesses. A moderator asked: Do you see yourself and are you committed to still being the chief executive of Tesla in five years' time? Musk responded: Yes. The moderator pushed further: No doubt about that at all? Musk added, chuckling: I can't be still here if I'm dead." Tesla has faced intense pressure as Musk worked with Trump as part of its self-described Department of Government Efficiency effort, particularly amid
Denmark's Tscherning drops entire Tesla fleet, citing Elon Musk's political stance; says move reflects company values, not concerns about EV performance
Tesla changed its bylaws to require investors to hold at least 3% of shares to file or maintain a derivative lawsuit, aiming to limit future legal challenges like those over Musk's pay package
Musk kicked off an appeal in March against the order, claiming a lower court judge made multiple legal errors in rescinding the record compensation
A special board committee has been established to explore compensation options amid leadership uncertainty
Last week, Tesla's India head Prasanth Menon stepped down. A Tesla's China team will now oversee the EV maker's India operations
Prashanth Menon's resignation comes as Tesla plans entry into Indian markets
Another application by Tesla to trademark the term "Robotaxi" for its upcoming ride-hailing service is still under examination by the office, the report said
Tesla sales plunged by more than half last month in several European countries in a sign that Elon Musk could struggle to revive the company after he shifts from his Washington work to running the automaker again. Tesla sales collapsed in April by more than two-thirds from a year earlier in Sweden, the Netherlands and Denmark, according to auto groups and government agencies Friday. Sales at the Austin, Texas, company dropped by 59% in France and 38% in Norway. The countries are not major drivers of sales overall, but they are the first to report April results and thus a foretaste of possible trouble elsewhere as Tesla reels from protests and boycotts over Musk wading into politics. In Germany, where he told voters their country was lost if they didn't vote for a candidate widely derided for her extreme views, sales plunged 62% in the first three months this year. German sales for April are not out yet. Financial analysts covering Tesla are worried about the Musk backlash but cauti
Musk said on X the report was a 'deliberately false article'. Activist investors have long accused Tesla's board of lacking independence and failing to rein in Musk
Musk's suggestion that DOGE should examine the Fed is the latest example of how President Donald Trump is aiming to exert more political control over the independent central bank
According to WSJ report, Tesla's eight-member board is also seeking to appoint an independent director
Tesla's stock dropped 33% since inauguration. The EV maker's sales plummeted
The Elon Musk-led car maker is refunding the years-old bookings since the older generation of the Model 3 is being discontinued