Your daily updates around automobile industry
Credits: www.techcrunch.com Today in an SEC filing, Tesla disclosed that it has acquired $1.5 billion in bitcoin, the popular cryptocurrency. Moreover, the company noted that it may also accept bitcoin in the future as a form of payment for its cars, though it did allow that there is some regulatory uncertainty around that effort. As the […]
Elon Musk expects Tesla to lead the solar market after a ‘better’ integration of two key teams. The company was heavily focused on building and producing Model 3 cars but can now turn more attention to solar, Musk said. Credit: Businessinsider.in Elon Musk, CEO of Tesla, believes that the electric automaker will soon be the […]
Elon Musk confirmed his India plans for Tesla with a two-word tweet. “As promised,” wrote the world’s richest man in a thread, linking to a blog that said Tesla cars will be expensive, but may eventually become more affordable for the Indian middle class when the company starts its own production. “At the moment, due […]
Mercedes-Benz is taking on one of the most complex industry challenges with the rollout of its battery-powered EQA: selling small electric cars without a big profit squeeze. The brand’s first fully electric compact model will hit European showrooms this spring, flanking the mid-size EQC sport-utility vehicle and the EQV van. Unlike Tesla Inc.’s Model 3 […]
Elon Musk-led Tesla has registered a subsidiary company in Bengaluru as it prepares to create a much-awaited manufacturing plant and R&D unit in India.The company, registered as Tesla Motors India & Energy Pvt Ltd, has named three directors as part of its team in the country, Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein. It […]
Shares of Tesla Inc jumped as much as 5.6 percent on Friday, pushing the electric-car maker’s market capitalization to more than $800 billion for the first time ever and inching closer to the trillion dollar club.Tesla’s stratospheric rally has helped Chief Executive Officer Elon Musk surpass Amazon.com Inc’s top boss Jeff Bezos to become the […]
The consumer had been demanding introduction of the much-hyped Tesla in the Indian market. Nitin Gadkari, The Minister of Road Transport and Highways, Government of India, announced that American company Tesla will be launching their cars in India for sale in 2021! The CEO of Tesla, Elon Musk had indicated the same earlier in 2020 […]
Union minister Nitin Gadkari has confirmed that Tesla will start selling operations in India next year. The company may also set up a manufacturing plant in India if it gets a good response. Billionaire Elon Musk’s clean energy and electric vehicle company Tesla will start operations in India early next year, confirmed Union Minister for […]
It was kind of inevitable that Tesla Inc.’s biggest challenger wouldn’t be a car company. Apple Inc. makes for the perfect nemesis and could teach its California cousin a thing or two about reliability and delivery.For years, there’s been speculation that Apple would join the electric vehicle race, with teams formed and development under way. […]
Without electric vehicles, America’s obsession with driving will continue to have catastrophic consequences for the climate Surfer Gabriela Aoun is becoming increasingly concerned about the impact of climate change on the ocean. In a recent article for Men’s Journal, Aoun notes that “without electric vehicles, America’s obsession with driving will continue to have catastrophic consequences for the climate.” Why does this hit home […]