While Vinfast has already announced an investment of Rs 4,000 crore to set up an electric vehicle (EV) plant in Tamil Nadu, Tesla's next move will be watched carefully
New policy mandates companies to invest a minimum of $500 million in the country and will allow them three years to set up local manufacturing for EVs
The state judiciary's ethics code "prohibits me from considering" the letters from non-parties in the litigation "who claim to hold stock in Tesla,"she wrote to lawyers on both sides
The IIHS, a safety research arm of the insurance industry, also said there is no evidence that Autopilot or other assisted-driving systems have real-world safety benefits, based on crash data.
In the filing, OpenAI stresses that it did not violate its agreement with Musk because "there is no founding agreement, or any agreement at all with Musk, as the complaint itself makes clear"
India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than USD 40,000, and 100 per cent for cars of higher value. In an interview with PTI, Goyal said the government recognises the need for a vibrant EV ecosystem as greater use of battery-run vehicles will cut carbon emissions as well as the staggering oil import bill. But for this, it will not tailor policies that suit any one company and would rather frame ones that will encourage all-electric vehicle manufacturers from across the world to set up shop in India, he said. "We are working on several initiatives where we are having inter-ministerial (consultations) and a dialogue
Since 2020, he has seeded his charity with tax-deductible donations of stock worth more than $7 billion at the time, making it one of the largest in the Unites States
German police said they believed a letter from a far-left organisation called the Volcano Group claiming responsibility for the fire was authentic
Musk is the world's third richest man but has not been a major political donor, especially considering the size of his fortune, estimated at $192 billion
Musk co-founded OpenAI in 2015, but stepped down from its board in 2018. He also runs electric vehicle maker Tesla and rocket maker SpaceX and bought Twitter for $44 billion in October 2022
Throughout its existence, the car effort was scrapped and rebooted several times, shedding hundreds of workers along the way
The billionaire said in a series of posts on X that the car will be a collaboration between Tesla Inc. and Space Exploration Technologies Corp
Tenstorrent, led by Tesla Inc. and Apple Inc. veteran Jim Keller, will license its design for part of Japan's artificial intelligence accelerator and also co-design the overall chip, the two sides ann
Tesla had earlier asked the Centre to reduce the import duty to 15 per cent on its cars for the first two years, in exchange for an investment of up to $2 billion in India
The court ruled the evidence gathered is relevant and material to the SEC's investigation and the testimony required of Musk is not unduly burdensome, a court filing Saturday said
Tesla sent out a single-line query for each job after canceling some employees' biannual performance reviews, some of the people familiar with the matter told Bloomberg
The relationship between Musk and his directors was slammed by a Delaware judge this week, who cited the board's conflicts of interest in her ruling that Musk's $55 billion pay package was excessive.
The National Highway Traffic Safety Administration (NHTSA)said on Friday the investigation covers about 334,000 Model 3 and Model Y vehicles from the 2023 model year
By Wednesday evening, Texas had won about 87 per cent of the 1.1 million votes.
When the package was proposed in early 2018, the goals seemed like moonshots. The top threshold in each category required Tesla to grow by more than 11-fold