New Delhi, July 17 (IANS) Elon Musk-backed Tesla has sold fewer than 500 electric vehicles (EVs) in India during its first year of operations, underscoring the challenges of gaining a foothold in the country’s premium automobile market despite the company’s strong global brand appeal, according to industry data.The EV maker entered India on July 15, 2025, and began customer deliveries of the Model Y in September. Between September 2025 and June 2026, Tesla retailed 450 vehicles, averaging fewer …
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New York, July 17 (IANS) SpaceX shares slipped below their initial public offering (IPO) price for the first time after the company aborted the launch of its flagship Starship rocket, extending the stock’s losing streak since its market debut.The shares closed at $131.11, down 3.08 per cent for the day and below the IPO price of $135.The decline marked the fifth consecutive losing session since the aerospace company’s June 12 listing, which became the largest IPO in history by raising around $86…
New Delhi, July 7 (IANS) US-based artificial intelligence giant OpenAI’s ChatGPT experienced service disruptions on Tuesday, with users reporting issues across several features, including Codex, Custom GPTs and workspace analytics, while the company said it is working to resolve the remaining problems.According to outage tracking platform Downdetector, user complaints increased between 1 pm and 2 pm.Around 75 per cent of the reported issues were related to ChatGPT, while 12 per cent were linked …
New Delhi, July 2 (IANS) China’s President Xi Jinping has repeatedly emphasised at high-level meetings with world leaders and corporate heads that his country is keen to attract foreign investments, even though recent events have brought into question the safety and viability of those potential investments, according to an article in The Diplomat.It highlights that world’s top business leaders that Jinping has addressed at meetings in recent months include Elon Musk of Tesla and SpaceX, Jens…
Los Angeles, June 30 (IANS) English actress Cara Delevingne has shared details from the divorce battle of Amber Heard and Johnny Depp. The actress has clarified the timeline of her relationship with Amber Heard, and the chain of events. The model appeared on the Monday, June 29, episode of The Louis Theroux Podcast. Toward the end of the episode, Theroux asked Delevingne, 33, about “the Johnny Depp thing,” in reference to previous speculation that the model had a romantic affair with Heard as …
New Delhi, June 28 (IANS) Elon Musk on Sunday announced that xAI’s latest artificial intelligence model, Grok 4.5, has entered private beta testing at SpaceX and Tesla, marking the first confirmed deployment of the model within Musk’s companies ahead of a wider release.In a post on social media platform X, Musk said Grok 4.5 is based on xAI’s 1.5-trillion-parameter V9 foundation model and has undergone supplemental training using data from AI coding assistant Cursor.According to Musk, early eval…
New Delhi, June 13 (IANS) Zerodha founder Nithin Kamath and Capitalmind Mutual Fund CEO Deepak Shenoy have drawn attention to restrictions imposed by US brokerage Fidelity on investors seeking to sell shares acquired in the recent SpaceX IPO, contrasting the practice with India’s regulatory framework.Under Fidelity’s policy, investors who sell their allotted SpaceX shares within 15 calendar days of the stock’s trading debut — a practice known as flipping — risk losing access to future IPO allo…
New Delhi, June 13 (IANS) Elon Musk-run SpaceX’s initial public offering delivered a blockbuster debut in the US, handing early buyers a 31 per cent gain, before settling up 19 per cent above the offering price of $135.The shares ended the day at $160.95, giving SpaceX a market capitalisation of about $2.2 trillion after its first day of trading, turning the rocket maker’s founder Elon Musk the world’s first trillionaire.On the stock market debut day, SpaceX became the sixth-highest valued pub…
Washington, June 13 (IANS) Elon Musk became the world’s first trillionaire after SpaceX completed the largest initial public offering in history, with investors pushing the rocket and satellite company’s market value to about $2.1 trillion on its first day of trading.Shares of SpaceX closed at $160.95, up more than 19 per cent from their IPO price of $135, capping one of the strongest major market debuts in recent years. The surge lifted the value of Musk’s stake in the company and cemented his …
New Delhi, June 12 (IANS) Space Exploration Technologies Corp. (SpaceX) officially began trading on the Nasdaq on Friday after completing a record-breaking $75 billion initial public offering (IPO), marking a historic moment for global capital markets and bringing founder Elon Musk closer to becoming the world’s first trillionaire.The start of trading was marked by SpaceX executives ringing the opening bell at the Nasdaq stock exchange, while celebrations were also held at the company’s headquar…