Elon Musk unveils robotaxi, pledges it ‘before 2027’ LOS ANGELES: Elon Musk on Thursday unveiled what he said was a robotaxi capable of self-driving, predicting it would... Published 11 Oct, 2024 11:06am
Business & Finance Tesla plans six-seat Model Y, production slated for 2025 in China, sources say SHANGHAI: Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with... Published 03 Sep, 2024 11:38am
Business & Finance Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports TOKYO: Japan’s Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating an auto... Published 28 Jul, 2024 11:11am
Markets Nasdaq hits one-month low as Tesla, Alphabet knock megacaps down NEW YORK: The Nasdaq plummeted to a one-month low on Wednesday after Tesla and Alphabet disappointed with lackluster... Published 25 Jul, 2024 06:35am
Markets US stocks lower after Google, Tesla results NEW YORK: Wall Street stocks retreated early Wednesday following declines by Tesla and Google parent Alphabet after... Published 24 Jul, 2024 07:27pm
Markets Tesla, megacaps drive S&P 500, Nasdaq up NEW YORK: The Nasdaq and the S&P 500 edged up on Tuesday, boosted by gains in Tesla and megacap stocks, while ... Published 03 Jul, 2024 07:35am
Technology Tesla shareholders voting yes for Musk’s $56bn pay package, CEO says on X Tesla shareholders are voting to approve a $56 billion pay package for Elon Musk and to move the electric vehicle... Published 13 Jun, 2024 10:48am
Technology Tesla will not launch refreshed Model Y this year, Musk says Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on... Published 09 Jun, 2024 11:10am
World Proxy firm advises shareholders to reject Elon Musk’s $56 billion pay package Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla, opens new tab shareholders to reject a $56... Published 26 May, 2024 10:57am
Business & Finance Tesla pushes suppliers to produce parts outside of China and Taiwan, Nikkei reports Tesla has told suppliers for its models sold outside China to start building components and parts outside of both... Published 23 May, 2024 11:17am
Markets S&P 500 pauses after recent gains as investors assess rate path NEW YORK: The benchmark S&P 500 was broadly unchanged on Wednesday, pausing after a recent rally as investors... Published 09 May, 2024 03:11am
Technology Elon Musk visits China as Tesla seeks self-driving technology rollout SHANGHAI: Tesla CEO Elon Musk arrived in Beijing on Sunday for a surprise visit, where he is expected to meet senior... Published 28 Apr, 2024 02:06pm
World Tesla cuts prices nearly $2,000 in China, in line with US cuts BEIJING: Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as... Updated 21 Apr, 2024 10:44am
World Tesla’s Elon Musk postpones India trip, sources say NEW DELHI: Tesla chief Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra... Updated 20 Apr, 2024 12:59pm
Technology Tesla, Starlink entry on agenda when Musk heads to India MUMBAI: Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world’s most... Published 18 Apr, 2024 01:41pm
World Elon Musk likely to unveil $2-$3bn India investment during visit, sources say NEW DELHI: Tesla chief Elon Musk is set to announce an investment in India of $2-$3 billion, mainly for building a... Published 17 Apr, 2024 04:55pm
World X blocks India election posts after takedown orders NEW DELHI: Social media platform X has blocked several posts in India containing political speech after authorities... Published 17 Apr, 2024 12:11pm
Technology Tesla to lay off more than 10% of its staff, Electrek reports Tesla will lay off more than 10% of its workforce, tech publication Electrek reported on Monday, citing an internal... Published 15 Apr, 2024 03:05pm
Technology China EV maker Nio urges openness in US speech amid tensions SHANGHAI: Chinese electric vehicle (EV) maker Nio’s founder called for openness in a rare speech in the United... Published 14 Apr, 2024 11:03am
Technology Tesla raises prices of Model Y cars in US by $1,000 Tesla on Monday raised prices for all Model Y cars in the United States by $1,000, according to its website. The... Published 01 Apr, 2024 12:33pm
Business & Finance Tesla deliveries face hit from China slowdown, soft demand BEIJING: Tesla is expected to report sluggish first-quarter deliveries next week as the boost from its price cuts... Published 30 Mar, 2024 05:15am
Business & Finance Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car BEIJING: Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from... Published 30 Mar, 2024 04:58am
Technology Tesla, rivals get low marks for automated-driving technology DETROIT: Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by... Published 12 Mar, 2024 10:30am
World Jeff Bezos dethrones Musk to reclaim title of world’s richest man WASHINGTON: Amazon founder Jeff Bezos took back his spot as the world’s richest man on Monday, dethroning Elon Musk... Published 05 Mar, 2024 12:22pm
Technology Tesla rolls out new incentives in China as price war escalates BEIJING: Tesla unveiled new incentives, including insurance subsidies, on Friday to woo consumers in the world’s... Published 01 Mar, 2024 10:42am
Technology China’s BYD plans new electric vehicle plant in Mexico, says Nikkei China’s BYD Co Ltd will set up a new electric vehicle (EV) factory in Mexico, Nikkei reported on Wednesday, citing... Published 14 Feb, 2024 10:01am
Technology Tesla China offers cash discounts for some Model Y types BEIJING: Tesla China is offering 8,000 yuan ($1,114) of cash discounts from Thursday for some types of Model Y... Published 01 Feb, 2024 11:04am
Markets Nasdaq sinks to 1-week low on Alphabet disappointment NEW YORK: The tech-heavy Nasdaq tumbled to over a week low on Wednesday, as Alphabet’s projections for rising AI... Published 01 Feb, 2024 04:52am
Perspectives Bigger than Elon Musk’s Tesla: Chinese EV giant BYD takes centrestage Think about a futuristic electric car – Tesla’s EV may very well be the first one to pop into one’s head. But... Published 26 Jan, 2024 05:52pm
Business & Finance EU December car sales down 3.3% y/y as German market slows New car sales in the European Union declined by 3.3% in December, dragged down by slowing demand in Germany, data... Published 18 Jan, 2024 12:32pm
Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say