Tesla Motors

India slashes import duty on EVs to smoothen Tesla’s market entry

18 Mar 2024

India has slashed customs duty on import of ready-to-assemble automobiles, or CKD units, to 15 per cent for a period of five years, in a move that would help EV majors like Tesla enter the Indian market.

Musk aims for 25% voting control at Tesla prior to advancing AI objectives

16 Jan 2024

In a recent announcement on social media platform X, Tesla’s CEO, Elon Musk, expressed his discomfort with the idea of steering the automaker towards leadership in artificial intelligence (AI) and robotics without securing at least 25% voting control.

Hertz shifts gears: Opts for gas cars over EVs, including Teslas

12 Jan 2024

Hertz Global Holdings, a car rental company, is set to sell about 20,000 electric vehicles. This number even includes cars that have been manufactured by Tesla.

Tesla sets a new delivery record, falling short of Musk's 2 million target

28 Dec 2023

In what is anticipated to be another historic quarter for electric vehicle (EV) giant Tesla, the company’s deliveries are expected to reach unprecedented levels.

Tesla recalls 2 million U.S. vehicles due to Autopilot safety concerns

14 Dec 2023

In response to safety concerns raised by a federal safety regulator, Elon Musk’s Tesla is recalling more than 2 million vehicles in the United States.

Tesla unveils Optimus Gen 2: A leap forward in robotics

13 Dec 2023

The Optimus Gen 2 maintains a similar outline to its predecessor but introduces significant improvements, particularly in its limbs, providing a more lifelike range of motion.

Tesla plans to double auto components imports from India: Goyal

16 Nov 2023

Commerce and industry minister Piyush Goyal has stated that the US electric vehicle maker Tesla plans to double its auto components imports from India.

Piyush Goyal is scheduled for a meeting with Tesla CEO Musk to discuss potential market entry

09 Nov 2023

In a significant development, Indian Commerce Minister Piyush Goyal is scheduled to meet with Tesla CEO Elon Musk in the United States next week.

Elon Musk’s AI startup, xAI, is to be integrated with social media platform X

06 Nov 2023

Artificial intelligence startup xAI, which was founded by Elon Musk, is going to be merged into the famous social media platform X.

Tesla chief Elon Musk reveals plans to make 200,000 Cybertrucks annually

01 Nov 2023

Tesla, Inc. is setting its sights on manufacturing 200,000 units of its highly anticipated electric pickup truck, the Cybertruck, each year.

Report: Record high U.S. electric vehicle sales lead to Tesla's market share decline

13 Oct 2023

The United States saw a drastic rise in the sale of electronic vehicles (EVs), with more than 300,000 units sold for the first time in the third quarter.

Tesla reduces prices on Model 3 and Model Y cars in the United States

06 Oct 2023

Elon Musk’s Tesla has recently reduced the prices of its Model 3 and Model Y electric vehicles in the United States

Elon Musk finally acquires Twitter for $44 bn

28 Oct 2022

Elon Musk sold roughly $15.5 billion worth of shares in Tesla in two waves, in April and in August, to meet a court-imposed 28 October deadline to complete the Twitter deal and “free the bird”

Elon Musk makes $43 billion hostile bid for Twitter

14 Apr 2022

Musk, Twitter's biggest shareholder, said that Twitter has the potential to be the platform for free speech around the globe, which is a societal imperative for a functioning democracy, adding that it “will neither thrive nor serve societal imperative in its current form - Twitter needs to be transformed as a private company”

Panasonic sells its Tesla stake for $3.6 bn; plans to diversify battery business

30 Jun 2021

Tesla Cybertruck bags 1.87 lakh orders in 4 days

25 Nov 2019

With Tesla Cybertruck's production expected to begin in late 2020, the electric pickup truck will take years to fulfil orders

Elon Musk finally sees a market for Tesla cars in India

29 Jul 2019

The Tesla Model 3, which could cost around Rs70 lakh, however, will have to compete with EVs like the Hyundai Kona Electric, which is priced at Rs25.3 - 25.5 lakh

Tesla launches EVs with up to 600 km range

06 May 2019

Tesla achieved this without increasing the cars’ battery size, proving that its expertise in system-level design can make the cars dramatically more efficient

Tesla claims its 'largest power storage system in Asia' can move a train

28 Mar 2019

Tesla comes out with seven-seater mid-size SUV Model Y

18 Mar 2019

The Model Y has an estimated  range of 300 miles (480 km) and a top speed of 130 miles (210 km) per hour and can accelerate from 0 to 60 miles (0-100 km) in 5.5 seconds

Tesla launches more affordable $35,000 Model 3

04 Mar 2019

Elon Musk ousted as Tesla chairman, asked to pay $20 m fine

01 Oct 2018

As part of the settlement of an SEC lawsuit, Musk will neither admit nor deny the allegations, but will resign as Tesla chairman and pay $20-mn fine with Tesla also paying a similar fine

SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief

28 Sep 2018

In its lawsuit, the US regulator said Musk calculated the $420 price per share, at a 20 per cent premium over that day’s closing share price and that the number’s slang reference to marijuana and hints in emails and text messages pointed that it was only intended to impress his girlfriend

Musk reverses plan to take Tesla private citing investor concern

25 Aug 2018

Tesla downsizing solar business, shuttering several offices

22 Jun 2018

Tesla had controversially acquired SolarCity, run by two of Elon Musk’s cousins, in what critics had termed a bailout at the expense of Tesla shareholders. Now, it is closing several solar installation offices and downsizing staff