Source link Tesla will lay off more than 10% of its salaried workforce, according to an internal company-wide email sent to employees by CEO Elon Musk and seen by media outlets. Reuters on Monday cited an email sent to at least three US employees notifying them that their dismissal was effective immediately. According to EV […]
Source link Tata Group will reportedly make semiconductor chips for the electric car manufacturer owned by Elon Musk Tesla has reportedly signed a deal to procure semiconductor chips for its global operations from Tata Electronics, which is part of one of India’s largest conglomerates, the Tata Group. The agreement was quietly finalized a few months […]
Source link Elon Musk’s EV giant is considering a joint venture with Mukesh Ambani’s Reliance to set up local manufacturing Tesla is in talks with Indian conglomerate Reliance Industries, owned by Asia’s richest man, Mukesh Ambanifor its widely anticipated electric vehicle (EV) venture in the country, the Hindu Business Line reported on Wednesday. Elon Musk’s […]
Source link The company is not abandoning production of low-cost electric vehicles, the billionaire claims Tesla CEO Elon Musk has dismissed a report by Reuters claiming the US carmaker has canceled a project for a low-cost vehicle owing to fierce competition from Chinese electric-vehicle (EV) makers. On Friday, Reuters wrote, citing sources familiar with the […]
Source link Elon Musk’s EV giant is planning to set up $3 billion manufacturing unit in the country after the government relaxed import tariffs Tesla has moved closer to setting up a long-awaited manufacturing plant in Indiaafter New Delhi lowered tariffs for foreign car manufacturers, according to the Financial Times. The Elon Musk-owned electric vehicle […]
Source link High import duties have dissuaded the EV maker from launching production in the country New Delhi will not change the rules for Elon Musk’s Tesla so it can make its long-awaited foray into the Indian market and will instead formulate its policies to attract several global “potential investors,” Commerce and Industry Minister Piyush […]
Source link The electrical car factory in Germany has stopped operations due to a suspected arson attack A shadowy left-wing group has said it was behind the suspected arson that prompted the shutdown of a major Tesla plant near Berlin. The authorities and Tesla owner Elon Musk have condemned the actions of “terrorists.” Tesla’s Gigafactory […]
Source link Mercedes-Benz has regained the top position, with its brand value reaching almost $60 billion, according to a consultancy German carmaker Mercedes-Benz has overtaken the US rival Tesla to regain its position as the world’s most valuable auto brand, according to a new report by consultancy Brand Finance. It had surrendered the top position […]
Source link Some board members felt pressured to consume illegal substances with the CEO, according to sources Tesla and SpaceX CEO Elon Musk has been taking illegal drugs for years, on many occasions alongside the board members and directors of his companies, the Wall Street Journal reported on Saturday, citing sources who claimed to have […]
Source link Purchases of electric vehicles have surged tenfold over the past two years, according to the outlet Ukraine is experiencing a “surprising boom” in electric vehicles that has seen purchases surge almost tenfold compared to pre-conflict levels, Le Figaro reported on Monday. Tesla vehicles are particularly popular among Ukrainians, the data shows. At the […]
Source link Motorists were stuck in long lines at Tesla Supercharger stations thanks to plummeting temperatures Frigid winter weather in Chicago has caused major malfunctions at Tesla charging stations across the city, leaving drivers stranded at a series of “Tesla graveyards,” unable to power up their electric vehicles. Tesla owners were seen waiting in lengthy […]
Source link BYD has overtaken the longtime industry leader as the world’s biggest seller of electric vehicles China’s BYD sold more than 526,000 electric vehicles in 2023’s fourth quarter, the Chinese company announced on Monday, exceeding Tesla’s total of over 484,000 in the October-December period and essentially ending the American EV giant’s reign as the industry’s dominant manufacturer. […]
Source link The malfunctioning machine reportedly plunged its metal “claws” into a Tesla employee A Tesla software engineer suffered lacerations after he was mauled by a manufacturing robot at the company’s Texas ‘gigafactory,’ several news outlets have reported, citing documents and witness accounts. Detailed in an injury report obtained by the Daily Mail, the incident […]
Source link BYD has been challenging the US manufacturer’s premium models, the South China Morning Post reports Chinese electric vehicle maker BYD has launched a sport-utility vehicle (SUV) model to take on Tesla’s Shanghai-made Model Y, the South China Morning Post reported on Monday. The SUV, which was unveiled on Friday at the Guangzhou Auto […]
Source link Commerce Minister Piyush Goyal visited the automaker’s factory in California as part of New Delhi’s efforts to woo the company Tesla is set to increase imports of components from India, New Delhi announced on Tuesday, amid reports that the South Asian nation is seeking to encourage the automaker to establish a manufacturing plant […]