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India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

Elon Musk’s net worth surges by $26.5 bn following Trump’s 2024 election victory, Musk hails 'clear message' from American voters

Nov 07, 2024, at 07:34 pm

Texas/IBNS: Elon Musk, CEO of Tesla, SpaceX, and X (formerly Twitter), saw his net worth soar by $26.5 billion following Donald Trump’s return to the White House in the 2024 US presidential election.

Tesla misses Q3 delivery expectations amid stiff competition in China and Europe: Report

Oct 03, 2024, at 04:25 am

Tesla delivered fewer vehicles than analysts had anticipated in the third quarter, facing pressure from strong competition in China and Europe, which dampened demand for its aging models, Reuters reported.

Senior Tesla Executive Sreela Venkataratnam quits, says working at Elon Musk's firm is not for the 'faint of heart'

Aug 24, 2024, at 11:13 pm

Ending her 11-year journey with Tesla, the company's vice president Sreela Venkataratnam quit the firm recently and said working in the firm was not for the 'faint of heart'.

'Not India’s loss': Ola's Bhavish Aggarwal on Tesla's withdrawal from India

Jul 05, 2024, at 11:35 pm

Bengaluru: Tesla's decision to forgo investment in the Indian market represents a significant missed opportunity for the US-based company, not for India, according to Bhavish Aggarwal, CEO of Ola Cabs.

Elon Musk's salary exceeds Tata Motor's FY24 total revenue: Report

Jun 19, 2024, at 04:49 am

Mumbai: Elon Musk's $56 billion remuneration package exceeds Tata Motors' total revenue for the 2023-24 financial year, which amounted to $52.44 billion (Rs 4.38 lakh crore), reported the Economic Times.

Entrepreneur Elon Musk posts 'Thank You' note for Indian-origin techie Ashok Elluswamy behind success of Tesla's AI team

Jun 09, 2024, at 07:30 pm

Tech entrepreneur Elon Musk on Sunday expressed gratitude to Indian-origin techie Ashok Elluswamy, appointed as the first member of the Tesla autopilot team.

Tesla investor sues Elon Musk for alleged $7.5 billion insider trading

Jun 01, 2024, at 11:34 pm

Delaware/IBNS: Tesla CEO Elon Musk has landed in yet another controversy as he has been named in a shareholder lawsuit for allegedly being involved in $7.5 billion insider trades at the electric car manufacturer, reports said.

Tesla continues to cut jobs in China as part of its global workforce reduction: Report

May 10, 2024, at 05:22 am

Beijing: Tesla has increased job cuts in China as billionaire Elon Musk struggles to recover lost market share in the world’s biggest auto market, reported Bloomberg.

Tesla lays off more senior executives weeks after reducing 10 percent global workforce

Apr 30, 2024, at 08:03 pm

Elon Musk's Tesla is laying off more employees and it includes senior executives and long-time veterans of the company, media reports said.

After postponing visit to India, Tesla CEO Elon Musk heads to China

Apr 28, 2024, at 06:52 pm

Tesla CEO Elon Musk is on a surprise visit to China, the second-largest market for the electric vehicle titan, media reports said.

Elon Musk postpones upcoming visit to India: Reports

Apr 20, 2024, at 03:51 pm

Tesla chief Elon Musk has postponed his scheduled visit to India, media reports said on Saturday.

Elon Musk likely to announce $2-$3 billion investment for Tesla factory in India

Apr 18, 2024, at 02:36 am

New Delhi: Tesla CEO Elon Musk is set to announce an investment of $2-$3 billion in India, primarily aimed at establishing a new factory, during his upcoming visit to New Delhi to meet with Prime Minister Narendra Modi, Reuters reported, citing sources.

Automobile major Tesla may remove 10 percent of its workforce

Apr 16, 2024, at 02:58 pm

Automobile major Tesla will remove 10 per cent of its global electric vehicle workforce.

Tesla signs strategic deal with Tata Electronics to procure semi-conductor chips ahead of Elon Musk's visit to India

Apr 15, 2024, at 10:56 pm

Elon Musk-owned American brand Tesla has signed a strategic deal with Tata Electronics to procure semiconductor chips for its worldwide operations, media reports said.

Tesla may join hands with Reliance to manufacture EVs in India: Report

Apr 11, 2024, at 02:31 am

New Delhi: Tesla is exploring the possibility of forming a partnership with Reliance to set up its operations in India, media reports said.

Tesla Chief Elon Musk to meet PM Modi in Apr; to announce plans for EV manufacturing in India

Apr 11, 2024, at 02:03 am

New Delhi: Tesla's top boss Elon Musk will visit India this month to hold a meeting with Prime Minister Narendra Modi and is expected to announce plans to invest and open a new EV manufacturing plant in India, media reported.

Tesla to send team from US to pick up potential manufacturing sites in India: Report

Apr 04, 2024, at 05:49 am

New Delhi: Electronic car-maker Tesla plans to send a team from the United States to India by late April to assess potential locations for a proposed electric car plant worth $2 billion to $3 billion, the Financial Times reported on Wednesday.

Govt's talks with Elon Musk's Tesla to gain momentum after general elections: Report

Feb 21, 2024, at 03:35 am

New Delhi: Discussions between the Indian Government and Tesla in connection with Tesla's entry into the electric vehicles (EV) sector in India are expected to slow down due to the upcoming general elections, a media report said.

India and Tesla inching closer to a 'Make In India' deal: Report

Nov 22, 2023, at 07:35 am

New Delhi: India is nearing a deal closure with Elon Musk’s Tesla Inc. to enable the American automaker to export its electric vehicles to the country starting next year and establish a manufacturing facility within two years, Bloomberg reported citing sources familiar with the developments.

Piyush Goyal meets Tesla officials at carmaker's Fremont factory in US

Nov 15, 2023, at 05:17 am

San Francisco: Union Minister of Commerce and Industry Piyush Goyal visited the Tesla Factory Unit in Fremont, United States and interacted with the senior executives of the Tesla group, a government statement said.

Tesla likely to import cars from Germany in intial phase to enter Indian market: Report

Nov 09, 2023, at 04:29 am

New Delhi: Tesla will launch its entry into the Indian market with direct imports from its German Gigafactory, contrary to earlier reports that the Elon Musk-led company would manufacture cars in India, media reported.

Tesla to double auto component import to $1.7-1.9 billion from India this year: Piyush Goyal

Sep 14, 2023, at 05:24 am

New Delhi: Electric car company Tesla Inc is looking to source automobile components worth $1.7-1.9 billion this year from India, double the value of components imported by the car maker last year, Union Commerce Minister Piyush Goyal said on Wednesday.

Indian-origin Vaibhav Taneja, who is also a Delhi University graduate, becomes Tesla's new Chief Financial Officer

Aug 09, 2023, at 12:03 am

Indian-origin and Delhi University graduate Vaibhav Taneja has been appointed as the new Chief Financial Officer of billionaire Elon Musk's firm Tesla, the world's largest electric vehicle automaker.

After Modi-Musk meet in US, Mercedes-Benz says Tesla shouldn't get special concessions to manufacture cars in India

Jun 24, 2023, at 05:51 am

Luxury car manufacturer Mercedes-Benz has stated that India should not provide any special or exclusive privileges to electric car maker Tesla, media reports said.

Tesla held talks with India on incentives for car and battery manufacturing: Report

May 20, 2023, at 08:35 am

New Delhi: The executives of US-based electric car maker Tesla engaged in discussions with Indian officials regarding potential domestic incentives for car and battery manufacturers, indicating that the company is reconsidering its entry into the Indian market, Reuters reported citing a source familiar with the matter.

Tesla's team of senior execs meet top govt officials, express 'serious interest' in Indian market: Report

May 18, 2023, at 05:07 am

Senior executives from Tesla Inc., the US-based electric car maker, held meetings on Wednesday with officials from the Prime Minister's Office (PMO), Ministry of Road Transport and Highways, and Ministry of Heavy Industries in New Delhi, media reports said.

Top Tesla execs to visit India to explore supply chain expansion outside China: Report

May 17, 2023, at 05:12 am

Amid ongoing trade tensions between the United States and China, companies such as Tesla are quickly understanding the need to redirect their focus away from China.

Tesla cuts down car prices amid economic slowdown

Apr 08, 2023, at 05:00 am

New York: Elon Musk’s Tesla has reduced the prices of its electric cars in the United States, its website showed on Thursday, apparently to offer discounts to potential customers in light of an economic slowdown.

Elon Musk's Tesla cuts prices for several models amid sales drop and tumbling stock prices

Jan 14, 2023, at 05:21 am

Elon Musk’s Tesla announced dramatic cuts in the prices of its electronic cars amid a reduction in sales and tumbling share prices, media reported.

Tesla recalls nearly 30k model X cars over airbag issue

Nov 19, 2022, at 01:19 am

Washington/UNI: US automaker Tesla will recall 29,348 Model X cars over an issue that may cause passenger airbags to function incorrectly, the US National Highway Traffic Safety Administration said.