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Page 4 - Tesla Inc

Louis Vuitton's Bernard Arnault overtakes Elon Musk as world's richest man

At 11th rank globally, Mukesh Ambani, chairman and managing director, Reliance Industries, continued to be the richest Indian on the list

Louis Vuitton's Bernard Arnault overtakes Elon Musk as world's richest man
Updated On : 29 Jan 2024 | 9:34 AM IST

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

Tesla expects slowing of growth before new EV model launch in 2025: Musk
Updated On : 25 Jan 2024 | 11:11 PM IST

Apple reclaims most valued brand title; Tata only Indian brand in top 100

Tesla (brand value down 12 per cent to $58.3 billion) has dropped out of the top 10, falling to 18th place in the ranking

Apple reclaims most valued brand title; Tata only Indian brand in top 100
Updated On : 17 Jan 2024 | 11:34 PM IST

M&M calls for level playing field for EVs amid Tesla's India entry plans

DAVOS, Switzerland, Jan 16 (Reuters) - Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla.

M&M calls for level playing field for EVs amid Tesla's India entry plans
Updated On : 16 Jan 2024 | 5:41 PM IST

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

Amid Red Sea attacks, Tesla puts German factory production on hold
Updated On : 12 Jan 2024 | 4:14 PM IST

Tesla is raising worker wages as auto union tries to raise its EV plants

Factory workers at Tesla have been told to expect pay raises this year, a move that comes as the United Auto Workers union tries to organize the electric vehicle maker's U.S. plants. The UAW said Thursday that Tesla workers have told the union about company statements on the raises, which did not give details about the size of the increases. After winning strong contracts with Detroit's three automakers last year, the union has embarked on an effort to organize all nonunion auto plants in the U.S., including Tesla's assembly and battery factories in Texas, California and Nevada. The Tesla raises come after nearly all companies with nonunion auto plants announced worker pay increases shortly after the UAW contracts were ratified. The UAW said its organizing drive will target more than a dozen U.S. plants run by Toyota, Honda, Hyundai, Nissan, Subaru, Mazda, Volkswagen, Mercedes, BMW and Volvo. Tesla also is on the list, along with EV startups Rivian and Lucid. UAW President Shawn F

Tesla is raising worker wages as auto union tries to raise its EV plants
Updated On : 12 Jan 2024 | 9:19 AM IST

LSD, cocaine: Elon Musk's drug use concerns Tesla and SpaceX execs

Musk has used LSD, cocaine, ecstasy and psychedelic mushrooms, often at private parties, the Journal said, citing unnamed witnesses and others with knowledge of the matter

LSD, cocaine: Elon Musk's drug use concerns Tesla and SpaceX execs
Updated On : 07 Jan 2024 | 10:04 PM IST

How China's top automobile manufacturer BYD beat Tesla at its own game

The company is able to offer a wide range of affordable EVs at low prices, maximizing sales (if not revenue) while expanding its footprint in new markets

How China's top automobile manufacturer BYD beat Tesla at its own game
Updated On : 05 Jan 2024 | 8:12 AM IST

BYD pulls ahead as world's biggest producer of battery passenger cars

After a $12 billion selloff during November, BYD is as cheap as it has been going back to the start of 2010, despite 31 out of 32 analysts putting a Buy rating on the stock

BYD pulls ahead as world's biggest producer of battery passenger cars
Updated On : 03 Jan 2024 | 10:18 AM IST

Tesla planning to revamp smash hit model Y from Shanghai plant: Report

Earlier this year, Tesla revamped its six-year-old Model 3 sedan with a sleeker look and longer range to attract customers

Tesla planning to revamp smash hit model Y from Shanghai plant: Report
Updated On : 27 Dec 2023 | 12:39 PM IST

Tesla to recall over 120,000 vehicles in US: Road safety regulator

The Elon Musk-led automaker has released an over-the-air (OTA) software update to address the issue, the National Highway Traffic Safety Administration (NHTSA) said

Tesla to recall over 120,000 vehicles in US: Road safety regulator
Updated On : 23 Dec 2023 | 12:07 AM IST

Cybertruck designer says Tesla stainless steel pickup is no experiment

The stainless-steel clad truck is all angles, in part because a traditional press can't bend the steel into curves

Cybertruck designer says Tesla stainless steel pickup is no experiment
Updated On : 22 Dec 2023 | 11:47 PM IST

Tesla buys land for Shanghai battery factory, to make 10K units anually

The Shanghai location is Tesla's second dedicated Megapack factory, following the Lathrop plant in California. Its EV facility in Nevada can also make the Megapack

Tesla buys land for Shanghai battery factory, to make 10K units anually
Updated On : 22 Dec 2023 | 11:45 PM IST

Tesla autopilot recall threatens its defence in lawsuits over crashes

An increased threat of losses for Tesla in Autopilot litigation could embolden others to challenge the technology in court and force the company to pay compensatory damages

Tesla autopilot recall threatens its defence in lawsuits over crashes
Updated On : 15 Dec 2023 | 10:46 PM IST

Tata Motors lobbies against lowering EV import taxes as Tesla looms: Report

As India tries to boost domestic manufacturing and EV adoption, Tesla is proposing to set up an Indian factory, but is demanding lower import taxes for electric cars

Tata Motors lobbies against lowering EV import taxes as Tesla looms: Report
Updated On : 07 Dec 2023 | 7:12 PM IST

Elon Musk's cybertruck is already a production nightmare for Tesla

Last month, on the same earnings call where Musk referred to Tesla digging its own grave, he warned that the Cybertruck "has a lot of bells and whistles"

Elon Musk's cybertruck is already a production nightmare for Tesla
Updated On : 03 Dec 2023 | 10:32 PM IST

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 shares fall on long wait for Cybertruck payoff, hefty price tag
Updated On : 01 Dec 2023 | 8:15 PM IST

Tesla on way to double its components imports from India: Piyush Goyal

In September, Goyal had said the company is looking to source components worth $1.9 billion from India this calendar year, compared to $1 billion in 2022

Tesla on way to double its components imports from India: Piyush Goyal
Updated On : 14 Nov 2023 | 11:13 PM IST

Union min Piyush Goyal visits Tesla's manufacturing facility in California

Commerce and Industry Minister Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India. The minister is in the US on a four-day visit. The world's largest electric car producer Tesla Inc's chief Elon Musk met Prime Minister Narendra Modi in June in New York and after the meeting Musk had said that he planned to visit India in 2024. "Visited @Tesla's state of the art manufacturing facility at Fremont, California. Extremely delighted to see talented Indian engineers and finance professionals working at Senior positions and contributing to Tesla's remarkable journey to transform mobility. "Also proud to see the growing importance of auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its components imports from India. Missed Mr @ElonMusk's magnetic presence and I wish him a speedy recovery," Goyal said on

Union min Piyush Goyal visits Tesla's manufacturing facility in California
Updated On : 14 Nov 2023 | 10:57 AM IST

Centre weighs five-year tax cuts on EV imports to woo Tesla: Report

Opening up the EV segment could speed up the adoption of cleaner transport in a country that currently has the world's most toxic air

Centre weighs five-year tax cuts on EV imports to woo Tesla: Report
Updated On : 13 Nov 2023 | 11:58 PM IST