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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

As demand for electric vehicles dwindles, what are startups doing about it?

US EV startups are lowering manufacturing costs, laying off workforce, and racing to develop cheaper models to navigate a slump in demand due to steep borrowing costs

Updated On: 19 Jun 2024 | 9:08 AM IST

Elon Musk plans stock-based compensation to Tesla's high-performers

Tesla last year skipped merit-based stock awards to employees

Updated On: 18 Jun 2024 | 11:45 AM IST

Musk wins Tesla shareholders' approval for $56 billion pay package

The approval underscores the support that Musk enjoys from Tesla's retail investor base, many of whom are vocal fans of the mercurial billionaire

Updated On: 14 Jun 2024 | 11:04 PM IST

Blue Origin, SpaceX, ULA picked for Pentagon rocket launch contracts

The US Space Force, which manages the launch procurement program, said Blue Origin received $5 million to provide an assessment of how it will meet the Pentagon's launch requirements

Updated On: 14 Jun 2024 | 8:58 AM IST

Tesla shareholder sues Musk to return billions in alleged unlawful gains

The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package

Updated On: 12 Jun 2024 | 8:58 AM IST

Tesla plans to fire 601 more employees in California amid falling sales

The electric carmaker said last month it would lay off 6,020 people in California and Texas, as part of the headcount cuts

Updated On: 15 May 2024 | 8:30 AM IST