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After Tesla's stock slide, Magnificent Seven face tests to keep market's throne

After Tesla's stock slide, Magnificent Seven face tests to keep market's throne

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.

EV sales growth may be 'notably lower' in 2024: Tesla

EV sales growth may be 'notably lower' in 2024: Tesla

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.

Tesla Faces Disappointment with Results, Share Drops 6% in Post-Market Trading

Tesla Faces Disappointment with Results, Share Drops 6% in Post-Market Trading

Thu, Jan 25, 2024

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

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Tesla Truck gets DHL order as shippers test Semi

Tesla Truck gets DHL order as shippers test Semi

Wed, Nov 29, 2017

Deutsche Post AG`s DHL and Fortigo Freight Services Inc, one of Canada`s largest fleet management companies, said on Tuesday they had pre-ordered Tesla Inc`s electric truck unveiled earlier this month to test on limited routes.

Tesla's unfettered ambition to strain finances but investors unfazed

Tesla's unfettered ambition to strain finances but investors unfazed

Fri, Nov 17, 2017

Chief Executive Elon Musk shocked industry-watchers by launching a $200,000 sports car on Thursday, along with two electric trucks, possibly adding more logistical nightmares even as it wrestles with production issues related to its Model 3 sedan.

Tesla unveils electric big-rig truck, sporty Roadster

Tesla unveils electric big-rig truck, sporty Roadster

Fri, Nov 17, 2017

Tesla Inc on Thursday unveiled a prototype electric big-rig truck that it will start producing in 2019, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company`s future depends.

New kids on the block: Tech giants turning Sydney's CBD into ''Silicon Place''

New kids on the block: Tech giants turning Sydney's CBD into ''Silicon Place''

Sun, Nov 12, 2017

The tech invasion - with locals now dubbing Martin Place, once the heartland of the finance sector, `Silicon Place` - has tightened the office rental market and helped drive down the city`s vacancy rate to a near-decade low, according to property manager Jones Lang Lasalle (JLL).

China beats India in race to get Tesla to set up first manufacturing plant outside the US

China beats India in race to get Tesla to set up first manufacturing plant outside the US

Mon, Oct 23, 2017

Tesla's operations would be located inside a free-trade zone. This would mean that Tesla could still be subject to China's steep tariffs as it would be treated as though they were still being shipped from outside China, unless it can negotiate a special exemption.

Tesla fired hundreds of employees in past week

Tesla fired hundreds of employees in past week

Sat, Oct 14, 2017

Luxury electric vehicle maker Tesla Inc fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday.

Already behind schedule, Tesla's India entry marred by Govt inaction?

Already behind schedule, Tesla's India entry marred by Govt inaction?

Wed, Sep 27, 2017

Tesla was supposed to be launched in India this summer, however it has been long past the timeline and it looks like the electric car maker is once again in the process of starting a dialogue with the government.

U.S. labour board files complaint against Tesla over worker rights

U.S. labour board files complaint against Tesla over worker rights

Fri, Sep 01, 2017

According to the National Labor Relations Board complaint, Tesla violated workers` rights by requiring them to sign a confidentiality agreement that could bar them from talking about their working conditions and safety issues at the company`s facility in Fremont, California.

Tesla's sales head to get $700,000 payout on meeting targets

Tesla's sales head to get $700,000 payout on meeting targets

Thu, Aug 24, 2017

Elon Musk-run Tesla has been counting on its least pricey electric sedan, Model 3, to become a profitable and high-volume manufacturer of electric cars.

Hyundai Motor to launch electric vehicle with 500 km range after 2021

Hyundai Motor to launch electric vehicle with 500 km range after 2021

Thu, Aug 17, 2017

Battery-powered cars offered by the likes of Tesla are gaining traction faster than fuel cell vehicles backed by Hyundai Motor and Toyota Motor Corp.

Tesla announces $1.5 bn bonds issue to fund Model 3

Tesla announces $1.5 bn bonds issue to fund Model 3

Tue, Aug 08, 2017

Shares of Tesla have risen 67% this year and ticked down 0.49% to close at $355.17 on Monday after the announcement, Xinhua reported.

Tesla's Musk hands over first Model 3 electric cars to early buyers

Tesla's Musk hands over first Model 3 electric cars to early buyers

Sat, Jul 29, 2017

Outside Tesla`s Fremont, California factory, Musk showed off the $35,000 base vehicle with a range of 220 miles (350 km) on a charge that marks a departure from the company`s earlier luxury electric cars.

Govt needs to spend about Rs 1.8 lakh crore in electric vehicle infrastructure to meet 2030 target

Govt needs to spend about Rs 1.8 lakh crore in electric vehicle infrastructure to meet 2030 target

Fri, Jul 28, 2017

With around 6 million fast charging stations needed in India, the government would have to increase its spending on electric vehicle infrastructure.

Are self-driving cars truly going to impact taxi driver jobs in India?

Are self-driving cars truly going to impact taxi driver jobs in India?

Wed, Jul 26, 2017

The Indian government seems to been keeping driverless cars of the roads in the country as they feel it will be a threat to the jobs of drivers.

Govt says no to driverless cars on Indian roads

Govt says no to driverless cars on Indian roads

Mon, Jul 24, 2017

The government says that it has not yet made any decision for driverless cars in India and that it is of the opinion that India is not ready for it.

Tesla provides first look at cheaper Model 3 sedan

Tesla provides first look at cheaper Model 3 sedan

Mon, Jul 10, 2017

Electric automaker Tesla has produced its first Model 3 sedan, a highly anticipated car because it carries a relatively low sticker price.

First Tesla Model 3 electric car rolling off production line

First Tesla Model 3 electric car rolling off production line

Sun, Jul 09, 2017

Tesla has been working on a limited production run of the Model 3 electric car. The first 30 new cars are expected to be delivered to customers on July 28.

Key market California see customers shunning away from Tesla cars

Key market California see customers shunning away from Tesla cars

Fri, Jul 07, 2017

Registrations of Tesla Inc vehicles in California, by far the largest market of the luxury electric car maker, fell 24% in April from a year ago, according to data from IHS Markit.

This Indian company eyes driver's seat in driverless vehicle technology

This Indian company eyes driver's seat in driverless vehicle technology

Sun, Jun 18, 2017

Mid-summer, a group of IIT- graduates and their seniors were sweating it out in the outskirts of Gurugram, fiddling with their laptops to calibrate sensors as they prepare for yet another round of testing a fully driverless shuttle.

Tesla in talks with Indian govt to reduce import duty: Musk

Tesla in talks with Indian govt to reduce import duty: Musk

Thu, Jun 15, 2017

Earlier this year, Musk had stated that he was hoping for Tesla to enter India this summer with its products, which has so far not materialised.

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