The much anticipated Tesla Cybercab was the main attraction at Friday night’s We, Robot event. Elon Musk, however, also took use of the event to present Optimus, Tesla’s humanoid robot, which he audaciously asserts is now capable of “doing anything.” “The Optimus will walk among you,” Musk said. He continued, “You’ll be able to walk … Read more
With the introduction of the surreal “Cybercab,” a fully autonomous car built without conventional controls like pedals or steering wheels, Elon Musk has once again captivated the attention of the world. This audacious invention was shown at the We,Robot event as part of Tesla’s larger plan to usher in an era of autonomous vehicles. The … Read more
Tesla chief Elon Musk this morning said he has postponed his planned trip to India due to “very heavy Tesla obligations”, a day before his visit was expected to begin. Musk, who owns Tesla and SpaceX, was to meet Prime Minister Narendra Modi during his two-day visit and announce investment plans for his businesses. The … Read more
Elon Musk is expected to visit India to meet Prime Minister Narendra Modi next week and announce an investment of $2 billion – $3 billion in setting up a Tesla manufacturing unit in the country. Over the past few years, Tesla has expressed interest in entering the Indian market, hindered mainly by steep import duties. … Read more
Gujarat minister Rushikesh Patel said on Thursday that his administration is “very hopeful” that Elon Musk’s Tesla would select the state to build a facility, and that informed conversation with the company is continuing. Patel was replying to questions prompted by news reports that the US-based electric car manufacturer was looking to establish a production … Read more
Tesla and the Indian government are expected to finalize their agreement to import American-made automobiles to the nation. Tesla may enter the Indian market in 2024, according to reports. According to Bloomberg, India is getting closer to a deal with Tesla Inc, which would allow the US manufacturer to transport cars to the nation. It … Read more
In a stunning display of craftsmanship, a woodworker from Vietnam has successfully crafted a fully operational wooden replica of the Tesla Cybertruck, garnering attention from none other than Elon Musk himself. The YouTube video detailing the meticulous 100-day process has gone viral, amassing over 935,000 views and 14,000 likes since its upload a month ago. … Read more
Elon Musk, the CEO of Tesla and the world’s wealthiest individual, has extended his apologies to India’s Commerce Minister, Piyush Goyal, for not being present during the minister’s tour of the Tesla Fremont factory in California. Expressing his regret, Musk deemed it an honor to have Goyal visit the plant and conveyed optimism about a … Read more
Tesla CEO Elon Musk has issued a cautionary statement regarding the financial stability of traditional automakers such as General Motors (GM), Ford, and Stellantis. Musk’s warning is linked to the demands made by the United Auto Workers (UAW) union for higher wages, suggesting that these demands could lead to dire consequences for these automotive giants. … Read more
In a noteworthy development for the electric vehicle industry, Tesla’s remarkable 13-day winning streak came to an end on Wednesday as its shares closed slightly lower. The streak, which propelled Tesla’s market capitalization to new heights, saw the company’s shares surge over 40% in a little over two weeks. Despite the minor setback, Tesla remains … Read more
In a significant development for India’s electric vehicle (EV) market, Tesla, the pioneering electric carmaker led by billionaire entrepreneur Elon Musk, has announced its plans to establish a manufacturing facility in the country. The move aims to produce electric vehicles for both the domestic market and potential export opportunities, according to a recent report by … Read more
While still grappling with the fallout from a company he did take private, beleaguered billionaire Elon Musk is now facing a trial over a company he didn’t. Long before Musk purchased Twitter for $44 billion (roughly Rs. 3,37,465 crore) in October, he had set his sights on Tesla, the electric automaker where he continues to … Read more
Greater Noida: Mumbai-based ace investor Vijay Kedia is now betting that Atul Auto NSE -0.88 %’s EV would turn out to be India’s Tesla in the three-wheeler category. “A new multi-year bull cycle has started in the auto industry. The slowdown that we saw earlier has now more or less ended. In the case of … Read more
Defending his decision over layoff of Twitter employees, Tesla CEO Elon Musk said that the micro-blogging site was losing more than $4 million per day. Taking to Twitter, Elon Musk said, “Regarding Twitter’s reduction in force, unfortunately, there is no choice when the company is losing over $4 mn/day. Everyone exited was offered 3 months … Read more