Elon Musk Tesla Cars

Trump calls to buy Tesla as sales drop amid protests, political backlash

After one of the worst single day sell-offs in Tesla's history, President Donald Trump threw his support behind his advisor, billionaire Elon Musk, vowing to buy one of his cars on Tuesday. Tesla has been pummelled this year under competition from rival electric vehicles, particularly out of China, as well as his close association with Trump and with far right causes globally. Shares have plummeted 45 per cent in 2025 and on Monday tumbled more than 15 per cent to USD 222.15, the lowest since late October, reflecting newfound pessimism as sales crater around the globe. In an overnight post on his Truth Social platform, Trump said Musk is putting it on the line to help the country. Trump claimed in the post that Radical Left Lunatics were attempting to illegally and collusively boycott Tesla, one of the World's great automakers, and Elon's baby". The stock climbed more than 3 per cent before the market open on Tuesday. Numerous auto industry analysts have attributed Tesla's recent

Updated On: 11 Mar 2025 | 7:47 PM IST

Trump's u-turn on EVs: Promises to buy Tesla amid falling stocks, protests

Challenges grow for Elon Musk's Tesla, as stocks plummet, sales drop, and 'Tesla Takeover' protests erupt across US, with some owner defacing their own cars

Updated On: 11 Mar 2025 | 1:12 PM IST

Here's why Elon Musk has bigger problems in land 'Tesla takedown' forgot

The billionaire's tarnished image is showing signs of damaging his company across the world. After he backed the far-right Alternative for Germany party, sales in that country last month slumped 76%

Updated On: 10 Mar 2025 | 7:34 AM IST

Tesla drives into Indian mkt with showroom in Mumbai's commercial hub BKC

According to the registration documents provided by Propstack, a real estate data analytics firm, Tesla's new showroom is in Maker Maxity, with a rental of Rs 35.26 lakh per month

Updated On: 05 Mar 2025 | 10:44 PM IST

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

Updated On: 04 Mar 2025 | 10:42 PM IST

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

Updated On: 28 Feb 2025 | 10:07 AM IST

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

Updated On: 25 Feb 2025 | 10:36 PM IST

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

Updated On: 25 Feb 2025 | 1:27 PM IST

Can Tesla's entry supercharge India's ailing EV charging infrastructure?

India's EV charging infrastructure, while expanding, remains in its infancy. Tesla's entry into India might just be the spark needed

Updated On: 20 Feb 2025 | 5:10 PM IST

Can 'Make in India' help Tesla navigate increasing global roadblocks?

After prolonged speculation about Tesla's entry into the Indian market, the Elon Musk-led EV major has begun the process of setting up its manufacturing unit in India

Updated On: 19 Feb 2025 | 5:05 PM IST

EV giant Tesla likely to open first showroom in India, begins hiring

Carmaker may enter Mumbai, NCR markets

Updated On: 18 Feb 2025 | 11:07 PM IST

Tesla registrations drop 63% in France amid rising competition in EU

Tesla's sales plummeted 41% last year in Germany, while overall battery-electric vehicle sales declined 27%. The Federal Motor Transport Authority is scheduled to report January results on Wednesday

Updated On: 03 Feb 2025 | 7:56 PM IST

Tesla investors hope affordable EV model will revive sales after dull 2024

Analysts expect Tesla to sell 2.1 million cars this year, up about 16 per cent, according to 20 analysts polled by LSEG, after its deliveries last year fell marginally, due to an aging model lineup

Updated On: 27 Jan 2025 | 5:31 PM IST

Tesla stock jumps 12% as Musk reassures investors of strong EV growth plan

Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management and aprominent Tesla investor, said robotaxis and AI were not the fundamental businesses he wanted Musk to focus on

Updated On: 24 Oct 2024 | 3:55 PM IST

Musk's robotaxi misses the mark with Wall Street: Here's what went wrong

Robotaxi is a fully autonomous two-seater with no steering wheel or pedals; Elon Musk hails it as Tesla's most significant launch since the Model 3

Updated On: 12 Oct 2024 | 4:05 PM IST

Tesla sells $783 million of prime auto lease-backed debt to investors

Tesla's latest deal comes from its active lease platform, and is made up of more than 26,000 leases with borrowers holding a weighted average FICO credit score of 764, according to deal documents

Updated On: 11 Oct 2024 | 8:43 PM IST

Elon Musk reveals robotaxi: Will Tesla face the same challenges as China?

Elon Musk's Tesla robotaxi aims to revolutionise autonomous transport, but its Chinese competitors face mounting challenges in profitability and regulation

Updated On: 11 Oct 2024 | 8:43 PM IST

Inside Elon Musk's mushrooming security apparatus in Tesla factories

Musk has cultivated devil-may-care persona, travelling world, hanging out with moguls, leaders, celebrities, and smoking in public, but in private, he has barricaded himself behind armed bodyguards

Updated On: 15 Sep 2024 | 11:32 PM IST

Indian states are inviting Tesla's component suppliers to lure the EV maker

States like Gujarat and Tamil Nadu are competing to attract Tesla's component suppliers, hoping that a robust local supply chain will convince the EV maker to establish operations in their regions

Updated On: 18 Jul 2024 | 11:21 AM IST

In a first, Tesla deliveries expected to dip 6% for second straight quarter

Tesla has hit a speed bump after years of rapid growth that helped make it the world's most valuable automaker

Updated On: 02 Jul 2024 | 10:12 AM IST