Tesla to build 25,000 euro car at German plant BERLIN: Tesla will build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the... Published 06 Nov, 2023 12:48pm
Technology STMicro beats third quarter sales forecasts European chipmaker STMicroelectronics beat expectations on Thursday for third quarter sales, helped by demand from... Published 26 Oct, 2023 11:18am
Technology Tesla raises US price of Model X Plaid all-wheel drive by 5.6% Tesla has increased the price of its Model X Plaid all-wheel drive to $94,990 from $89,990 in the United States, the... Published 20 Oct, 2023 10:47am
Technology Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread SAN FRANCISCO: Tesla on Wednesday joined General Motors and Ford in being cautious about expanding electric vehicle... Published 19 Oct, 2023 10:12am
Technology Tesla cuts US prices of Model 3, Model Y cars Elon Musk-led Tesla cut prices of its Model 3 and Model Y vehicles in the US by about 2.7% to 4.2%, the electric... Published 06 Oct, 2023 09:58am
Technology Tesla working on ‘gigacasting’ tech to mould underbody in one piece BEIJING: Tesla is working on an upgrade of its “gigacasting” technology to die cast almost all vehicle underbody... Published 27 Sep, 2023 10:52am
Markets Wall St opens lower on lingering concerns over elevated rates Wall Street’s main indexes fell at the open on Monday as worries over interest rates staying higher for longer kept... Updated 25 Sep, 2023 06:45pm
Technology Musk says X could charge all users ‘small monthly payment’ SAN FRANCISCO: Online platform X could introduce a monthly fee for all users, its owner Elon Musk said Monday,... Published 19 Sep, 2023 12:17pm
World Tesla, Saudi Arabia in early talks for EV factory: WSJ Saudi Arabia is in early talks with U.S. electric automaker Tesla to set up a manufacturing facility in the kingdom,... Published 18 Sep, 2023 05:43pm
World Erdogan asks Musk to build Tesla factory in Turkiye Turkiye President Recep Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkiye, Anadolu Agency... Published 18 Sep, 2023 09:48am
Business & Finance Tesla, suppliers to invest $15bn in Mexico factory MEXICO CITY: A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over... Published 12 Sep, 2023 09:52am
Markets Wall St rises on Tesla boost as investors await data NEW YORK: The S&P 500 and Nasdaq were on course for their best day in two weeks on Monday as Tesla led gains in... Published 12 Sep, 2023 06:22am
World Elon Musk borrowed $1bn from SpaceX in same month of Twitter deal Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire -... Published 06 Sep, 2023 09:36am
Business & Finance Tesla launches new Model 3 in China with longer range SHANGHAI: Tesla on Friday unveiled a restyled Model 3 with a longer driving range in China and other export markets... Published 01 Sep, 2023 11:17am
World With Tesla push, India mulls import tax cut if EV makers build locally NEW DELHI: India is working on a new electric vehicle policy that would slash import taxes for automakers that... Published 25 Aug, 2023 01:54pm
World In India, it’s advantage Tesla as Chinese automakers face heat NEW DELHI: China’s loss in India could be Elon Musk’s gain. Tesla has had a red-carpet welcome from India for its... Published 03 Aug, 2023 09:59am
Technology Musk’s X challenges India ruling on content blocking, cites censorship risk NEW DELHI: Social media platform X is seeking to quash an Indian court ruling that it was not compliant with federal... Published 02 Aug, 2023 02:42pm
Technology Global automakers scramble to reset China strategies as sales slow SHANGHAI: For foreign automakers in China, it is time to double down on a turnaround or cut losses after ceding... Published 28 Jul, 2023 11:09am
Business & Finance Tesla Q2 margins fall as it boosts discounts to drive demand NEW YORK: Tesla beat quarterly revenue expectations on Wednesday, but said gross margin fell in the second quarter... Published 24 Jul, 2023 06:11am
Markets Tesla, Netflix drag Nasdaq down NEW YORK: The tech-heavy Nasdaq fell on Thursday, as Tesla and Netflix results underwhelmed investors, while a ... Published 21 Jul, 2023 06:38am
Markets Wall St kicks off week higher as investors await more earnings NEW YORK: The tech-heavy Nasdaq led Wall Street higher on Monday supported by megacap growth stocks including Apple... Published 18 Jul, 2023 05:51am
Business & Finance Tesla discounts set to power quarterly revenue growth, hit profit Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five... Published 17 Jul, 2023 03:57pm
Business & Finance Tesla looking to make about half million EVs annually in India BENGALURU: Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual... Published 17 Jul, 2023 03:47am
Technology Tesla in talks with India to set up factory with up to 500,000 annual capacity BENGALURU: Tesla has started discussions with the Indian government for an investment proposal to set up a car... Published 13 Jul, 2023 11:10am
Business & Finance Tesla offers cash rebate on top models in China BEIJING: Tesla on Friday said it would offer new buyers of its top-selling electric vehicles in China a cash bonus... Published 10 Jul, 2023 06:52am
Business & Finance Musk predicts Tesla self-driving cars ‘later this year’ SHANGHAI: Electric car giant Tesla is set to realise fully autonomous vehicles “later this year”, CEO Elon Musk said... Published 06 Jul, 2023 11:02am
Markets Wall St ends little changed in shortened session NEW YORK: The S&P 500 ended little changed in a holiday-shortened session on Monday, kicking off the second half... Published 04 Jul, 2023 05:07am
Business & Finance Tesla nearly doubles deliveries compared to last year NEW YORK: US automaker Tesla beat analyst expectations in the second quarter, delivering 466,140 vehicles despite a... Published 03 Jul, 2023 01:28am
Technology Tesla wins as Texas requires state-backed charging stations to include its plug Tesla scored a series of victories for its charging technology on Tuesday, capped by Texas saying it would require... Published 21 Jun, 2023 10:06am
World Musk says Tesla looking at significant investment in India, after meeting Modi Tesla chief executive Elon Musk said India’s Prime Minister Narendra Modi was pushing the car maker to make a... Published 21 Jun, 2023 09:34am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?