Page 9 - Tesla

For Tesla-owning critics, buyer's remorse sinks in post Musk's 'antics'

The buyer's remorse is playing out at a volatile moment for Tesla, as stocks dropped by double digits in the last week, wiping out most of a post-election surge for Musk's company

Tesla sales down in France, Scandinavia as Elon Musk faces test of brand

A total of 613 new Teslas were registered in Sweden last month, down 42% year-on-year, while registrations in Norway and Denmark each fell by 48% to 917 and 509 cars respectively

Luxury cars, electric vehicles hit fast lane in the South as demand rises

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

Anti-DOGE protests at Tesla stores target Musk's push for federal cuts

Demonstrators gathered outside Tesla stores across the US to protest the automaker's billionaire CEO, Elon Musk, and his push to slash government spending on behalf of President Donald Trump. The demonstrations are part of a growing backlash in North America and Europe to Musk's disruptive role in Washington. Critics of Trump and Musk hope to discourage and stigmatise purchases of Tesla, the electric car company that is the world's most valuable automaker. Liberal groups for weeks have organised anti-Tesla protests in hopes of galvanising opposition to Musk's Department of Government Efficiency and energising Democrats still demoralised by Trump's November victory. We can get back at Elon, said Nathan Phillips, a 58-year-old ecologist from Newton, Massachusetts, who was protesting in Boston on Saturday. We can impose direct economic damage on Tesla by showing up at showrooms everywhere and boycotting Tesla and telling everyone else to get out, sell your stocks, sell your Teslas. Mu

Elon Musk welcomes 14th child, his fourth baby with partner Shivon Zilis

Zilis took to her X account to announce the birth of their fourth child, 'Seldon Lycurgus'. However, she did not reveal when the baby was born

Tesla's first India showroom to open in Mumbai's BKC, Delhi next in line

Tesla signs lease agreement for first India showroom in Mumbai's BKC, paying Rs 35 lakh per month for a 4,000 sq ft space; Delhi showroom also planned amid hiring spree

Tata and Mahindra EVs will give Tesla a run for its money: Amitabh Kant

India's G20 Sherpa Amitabh Kant speaks on India's potential to become a global champion in two- and three-wheeler EV market at BS Manthan

Tesla will find it hard to compete with Tata, Mahindra EVs: Amitabh Kant

Tesla will find it hard to compete with Tata, Mahindra EVs: Amitabh Kant

Tesla seeks first approval to offer robotaxi service in California

esla would need additional permits from the California DMV and CPUC in order to operate the service without safety drivers in the vehicles, or to charge customers

Crucial Nvidia results to set the course for faltering 'Magnificent Seven'

Investors have raked in big gains from the AI boom led by the so-called "Magnificent Seven", a group of tech giants that includes Nvidia, Microsoft and automaker Tesla

Tesla sales plunge globally as anti-Elon Musk backlash takes hold

In California, Tesla sales fell 12 per cent last year as Musk attacked leaders of a state that played a pivotal role in the carmaker surviving its tumultuous early years

Elon Musk's India move shows the cracks in Donald Trump's coalition

Tesla has long wanted to sell cars in India, but Musk has balked at the high tariffs that would be applicable on imported high-end EVs

Tesla must price India models competitively as buzz around entry grows

Tesla has also ended its true low-cost Model 2 efforts a year ago, shifting its focus to robotaxi and robotics plans

Tesla's market capitalisation slips below $1 trillion as Europe sales sink

Tesla shares are now by far the biggest decliner among the mega-cap technology stocks, weighing heavily on the group's overall performance

Tesla sales crash in Europe, dropping 45% in Jan as EV competition heats up

Billionaire Elon Musk's increasing involvement in US politics and controversial stance on European leaders may have also attributed to the fall in Tesla sales

The Tesla factor: Its India entry as a disruptor may have limited impact

The possible game changer could lie in the fact that Tesla reportedly sources components from India worth $1 billion a year

Tesla entry not a major threat to electric vehicle OEMs, says CLSA

Even if Tesla launches a BEV at $25,000, CLSA feels that features and specifications would be 'meaningfully compromised' compared to its traditional models

Musk's cost-cutting team cuts staff at auto safety regulator for Tesla

Elon Musk's cost-cutting team is eliminating jobs at the vehicle safety agency that oversees Tesla and has launched investigations into deadly crashes involving his company's cars. The National Highway Traffic Safety Administration has cut a modest amount of positions, according to a statement from the agency. Musk has accused NHTSA of holding back progress on self-driving technology with its investigations and recalls. Asked about whether the cuts would impact any probes into Tesla, the agency referred to its statement that says it will enforce the law on all manufacturers of motor vehicles and equipment. The job cuts at NHTSA enacted by Musk's advisory group on shrinking the federal government, the Department of Government Efficiency, was earlier reported by The Washington Post. In addition to investigations into Tesla's partially automated vehicles, NHTSA has mandated that Tesla and other automakers using self-driving technology report crash data on vehicles, a requirement that

Tesla, other cos welcome to invest, manufacture in India, says Piyush Goyal

India welcomes Tesla and also all the other global companies which want to invest and manufacture in the country, Union Minister Piyush Goyal said on Saturday. Replying to a question on Elon Musk-promoted EV maker Tesla's speculated entry into India, Goyal said the American company is welcome to set up a presence in India. It is the give and take which creates mutually beneficial partnerships, the minister said, making it clear that India is not anti-imports. "We welcome Tesla and also all the other global companies who want to invest and manufacture in India," Goyal said. The minister also said that construction activity and vehicle exhaust are the prime reasons for pollution in cities. He assured that the government is committed to reducing pollution, citing efforts like encouraging usage of electric vehicles as a step in the same direction. "In cities, the main reason for pollution is construction and vehicular pollution," Goyal, who handles the Commerce portfolio, said. Switch

Tesla's hunt for a factory site in India takes it to Andhra Pradesh

State has likely offered pre-acquired land at three potential locations