Sun, Jan 28, 2024
Tesla shares have tumbled more than 26% so far in 2024 after the electric-vehicle maker reported a fourth-quarter operating margin that has almost halved to 8.2 per cent from the year-earlier period. Tesla also warned that it expects slower sales growth this year, CNN reported.
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Thu, Jan 25, 2024
Tesla cautioned that the growth of its vehicle sales “may be notably lower” in 2024 as it prepares to launch a new vehicle platform for cheaper EVs.
Mixed trading in the US for the second consecutive day, S&P 500 made a new record for the fourth consecutive day, action in Nasdaq increased by 10% in NETFLIX, Nasdaq closed at a new record high. Action in other stocks also on the basis of results - Tesla's results disappointed, Tesla shares down 6% in post market trading. Strong results of IBM, shares up 8% in post market. GDP figures for Q4 and 2023 will be released in US today. gold at 1 week low
Tesla, opens new tab expects to start production of its long-anticipated, next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday.
Tue, Jan 16, 2024
The company says it aims to build a gigafactory for its new batteries by 2029 and has signed a joint development agreement with BMW.
Tesla CEO Musk said in a post on social media platform X, formerly known as Twitter, that unless he got stock that is "enough to be influential, but not so much that I can't be overturned", at Tesla, he would prefer to build products outside of the electric vehicle manufacturer.
Wed, Jan 03, 2024
Tesla stock, which doubled last year, was nearly flat on Tuesday in a broadly weaker market.
Sat, Dec 30, 2023
The announcement by Musk to manufacture in India is likely to be made in the presence of Prime Minister Narendra Modi at the flagship event, although the government or Musk are yet to make this mega news official.
Thu, Dec 28, 2023
Minister Patel who was addressing a Cabinet briefing on Thursday, expressed considerable optimism about that Elon Musk, Tesla's CEO, would consider Gujarat for investment, emphasizing the welcoming stance of the government.
Sun, Dec 24, 2023
In July, Tesla recalled nearly 16,000 of its 2021-2023 Model S and Model X vehicles in the US because some front-row seat belts may not have been reconnected properly after being repaired.
Fri, Dec 22, 2023
The new factory will initially produce 10,000 of Tesla's Megapack units annually for sale worldwide, Xinhua said. The Tesla project is a rare piece of good news for the Chinese economy, which has seen a sharp drop in foreign investment this year.
Thu, Dec 14, 2023
Tesla's Autopilot system, touted as a step towards autonomous driving, hits the brakes in the US! Over 2 million vehicles are recalled due to concerns about potential misuse and insufficient driver engagement. But Tesla disagrees with the regulators, sparking questions about safety and the future of self-driving technology.
The largest-ever Tesla recall appears to cover nearly all vehicles on U.S. roads to better ensure drivers pay attention when using the system.
Sun, Dec 10, 2023
Motwani also noted that the industry body is also pushing for the inclusion of electric cars priced up to Rs 20 lakh to get incentives under the third iteration of the Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) India scheme.
Mon, Dec 04, 2023
Deliveries of China-made Model 3 and Model Y cars rose 14.3 per cent from October.
Mon, Nov 27, 2023
Tesla is non-unionized globally, but the Swedish workers are demanding that the carmaker sign a collective bargaining agreement, which most employees in Sweden have. Tesla has no manufacturing plant in Sweden, but has several service centers.
Tue, Nov 21, 2023
Battery swapping allows drivers to replace depleted packs quickly with fully charged packs, rather than plugging the vehicle into a charging point.
The upward movement in the Sona BLW Precision Forgings Ltd., Amara Raja Energy & Mobility Ltd., and Minda Corporation came after Bloomberg reported that India was closing in on an agreement with Tesla that would allow the US automaker to ship its electric cars to the country.
Tue, Nov 14, 2023
The minister's visit to the US was supposed to include discussions with Musk around Tesla's plans to setup an Indian factory, manufacturing a $24,000 car there, sourcing more components and establishing charging infrastructure across the nation, Reuters reported last week.
Sun, Nov 12, 2023
According to vehicle registration data from Experian, the Tesla Model Y and Model 3 were the two most registered EVs in the US between January and September, far outnumbering their competitors.
Mon, Nov 06, 2023
In October, Tesla said it will inform its staff this month of the level of the pay rise, adding it raised wages by 6 per cent last year.
Wed, Nov 01, 2023
The verdict represents Tesla's second big win this year, in which juries have declined to find that its software was defective.
The company had earlier said that Tesla had the capacity to make more than 125,000 Cybertrucks annually, with Musk adding there was potential to lift it to 250,000 in 2025.
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