Page 2 - Elon Musk Tesla Cars

Tesla planning to cut more than 6,000 jobs across Texas, California

Tesla also revealed plans to lay off 3,332 employees across multiple sites in California, according to separate WARN notices filed in that state

Tesla could start selling Optimus robots by end of 2025: Elon Musk

Musk told investors on a conference call that he guessed the Tesla robot, called Optimus, would be able to perform tasks in the factory by the end of this year

Musk's India visit sparks expectations for Tesla investment and expansion

Reports suggest that Elon Musk is set to announce an investment in India of $2-$3 billion along with Tesla Inc's long-awaited entry into India

Tesla's Musk likely to unveil $2-3 billion India investment during visit

Musk's visit comes as Tesla battles slowing sales in the major markets of the United States and China, and has this week announced layoffs affecting 10% of its workforce

Tesla scouts for 1st India showroom locations; plans to begin sales in 2024

It wants to begin with a showroom of 3,000 to 5,000 square feet (280-465 square metres) as well as a service hub in each city, said one of the people familiar with the plans

Tesla to scout locations for $2-3 billion electric car plant in India

The US EV firm had demanded tariff cuts, concessions as a prerequisite for investment

Tesla also losing market share in China as it disappoints globally

Tesla's sales and production are consistently backloaded in China, with the third month of each quarter the strongest for local shipments

Potential Tesla buyers snub company as Musk's reputation dips: Survey

Market intelligence firm Caliber cited strong associations between Tesla's reputation and that of Musk for the scores

Lawyers who killed Elon Musk's $56 bn pay package seek Tesla stock

Austin-based Tesla, with a $645 billion valuation, is among the largest companies in the world by market cap

Tesla to recall over 2 mn vehicles in US due to warning font size issue

The recall includes nearly all of its models, including Model S, Model X, 2017-2023 Model 3, Model Y, and 2024 Cybertruck vehicles, NHTSA said

Tesla expects slowing of growth before new EV model launch in 2025: Musk

Tesla started slashing the prices of its cars in late 2022, igniting a price war that singed US rivals including Ford, who have all slowed EV production

Amid Red Sea attacks, Tesla puts German factory production on hold

Tesla says it's temporarily halting most production at its German factory because of attacks in the Red Sea, a vital global shipping corridor. The electric vehicle maker said in a statement Thursday night that its factory near Berlin, which makes Model Y vehicles and batteries, will pause from Jan. 29 to Feb. 11. It's a fresh sign of how the hostilities in the Mideast are disrupting global manufacturing supply chains, with shipping companies reporting that they're being forced to reroute vessels carrying goods and components on the longer route around the southern tip of Africa. Analysts say the detour adds 10 days or more to the journey. The armed conflicts in the Red Sea and the associated shifts in transport routes between Europe and Asia via the Cape of Good Hope are also affecting production in Grnheide," Tesla said. The significantly longer transport times create a gap in the supply chains. The U.S. led airstrikes on Thursday against Yemen's Houthi rebels in response to their

Tesla shares fall on long wait for Cybertruck payoff, hefty price tag

Musk has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025

Tesla may invest $2 billion for manufacturing in India but with conditions

Tesla is also likely to commit 20% localisation in its Made in India cars in the first two years and it may increase to 40% in four years

Tesla driver's family can seek punitive damages over fatal crash: Judge

The judge found the deceased driver's widow presented sufficient evidence of misconduct and negligence that she should be allowed to ask a jury to punish the electric-car maker

'My apologies': Elon Musk unable to meet Piyush Goyal at Tesla facility

Elon Musk was unable to meet with Piyush Goyal in person as he was unwell and could not travel to California

Tesla misses margin estimates amid price cuts, sticks to production goal

The company said on Wednesday that upgrades made to its factories in the third quarter will help it in cutting production costs. "An industry leader needs to be a cost leader," it said in a statement

Erdogan and Elon Musk discuss establishing a Tesla car factory in Turkey

Turkish President Recep Tayyip Erdogan called on Elon Musk, the head of electric carmaker Tesla, to establish a factory in Turkiye during a meeting in New York, Erdogan's office said on Monday. Erdogan, who is in the US to attend the UN General Assembly, also discussed potential cooperation between Musk's space exploration firm SpaceX and Turkiye's space programme, the Turkish president's office said. The statement said Erdogan told Musk that Turkiye would welcome cooperation on artificial intelligence and Starlink, SpaceX's satellite internet service. Musk said SpaceX wanted to secure the necessary license to offer Starlink in Turkiye. Images of the meeting showed Musk holding one of his sons as he talked to Erdogan. Turkish Industry and Technology Minister Mehmet Fatih Kacir, who attended the meeting, said Musk described Turkiye as among the most important candidates for Tesla investment. He added that Musk and Erdogan also discussed Turkiye's armed aerial drone programme.

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Elon Musk advises Toyota to join NACS; all you need to know about it

NACS stands for North American Charging Standard (NACS) which was previously known as a Tesla charging connector. It has been developed by Tesla Inc