Tesla will finally start selling its cars in India, with the Maharashtra RTO clearing the way for Elon Musk’s electric vehicle giant to open its first showroom in Mumbai and begin road trials and sales. The Elon Musk-led company is scheduled to inaugurate its first showroom at Bandra Kurla Complex (BKC) in Mumbai on July […]
Tesla’s entry into India comes at a time when the EV maker is facing reduced sales in Europe and China. (AI image) Elon Musk-led Tesla is set to open its first showroom in India next week. The new showroom for Tesla’s electric cars will open in Mumbai on July 15, according to a Reuters report. […]
Tesla has scheduled its annual shareholder meeting for November 6, just a day after a group of major investors pushed the board to declare a date, but the move has raised fresh concerns about compliance and leadership priorities.The delay could run afoul of Texas law, which mandates companies to hold shareholder meetings within 13 months […]
Elon Musk’s satellite firm gets final go-ahead (Picture credit: AP) Elon Musk’s Starlink has received approval from India’s space regulator to begin commercial operations in the country, according to sources cited by Reuters. This clears the last major regulatory hurdle for the satellite internet provider to enter the Indian market.Starlink has been awaiting permission to […]
Elon Musk’s firm plans $1 billion share sale (Picture credit: PTI, AP) Elon Musk’s SpaceX is preparing to raise fresh capital and allow employees to cash out in a tender offer that would peg the company’s valuation at around $400 billion, potentially making it the most valuable privately held firm in the United States, according […]
Vietnamese electric vehicle (EV) manufacturer VinFast has announced a partnership with Indian EV charging and aftersales solutions provider RoadGrid, as it gears up for its product launch in India later this year.VinFast, the electric vehicle subsidiary of Vietnam’s Vingroup, is gearing up for a bold debut in India, positioning itself for competition with US based […]
Wall Street started the week on a cautious note, opening lower on Monday as investors grew jittery ahead of a July 9 tariff deadline set by the Trump administration. The S&P 500 fell 0.4%, the Dow Jones Industrial Average dropped 102 points (0.3%), and the Nasdaq Composite lost 0.6% in early trading.The pullback came as […]
Tesla shares fell nearly 7% in premarket trading on Monday after CEO Elon Musk’s surprise launch of a new US political outfit, the “America Party”, reignited investor concerns over his focus on the electric vehicle maker’s future.The announcement came Saturday from Musk, who previously led the now-defunct Department of Government Efficiency (DOGE), and was accompanied […]
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