New Delhi, July 28 (IANS) As AI reshapes business models across the technology sector, the selloff in US technology stocks stretched into a fourth straight trading session, wiping about $1.2 trillion from the sector’s market value.Nasdaq 100 index extended its decline overnight, with Tesla leading losses after tumbling more than 16 per cent over the past four trading sessions. Moreover, Sandisk, T-Mobile, Meta Platforms, Alphabet and Amazon fell between 7 per cent and 10 per cent over the same p…
Latest tesla News & Updates
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 …
New Delhi, July 16 (IANS) China’s auto company BYD has gained top spot in global electric‑vehicle market through its alleged “pirate business model”, prompting concern in Europe and North America about the implications for domestic auto industries, a new report has claimed.The report from European media house Politico claimed BYD sold about 4.6 million vehicles in 2025, including 2.26 million pure battery-electric cars, surpassing Tesla’s roughly 1.6 million deliveries.The report found tha…
Seoul, July 12 (IANS) Eco-friendly vehicles accounted for half of new car registrations in South Korea in the first half of this year, driven by a sharp increase in electric vehicle (EV) sales, an auto market tracker said on Sunday.It marked the first time that eco-friendly vehicles made up more than half of new car registrations during the January-June period, according to the CarIsYou Data Research Center, which cited government data, reports Yonhap news agency.In the first six months of the y…
New Delhi, July 6 (IANS) Electric vehicle (EV) maker Tesla on Monday announced the launch of North India’s first in-mall charging facility here, as the company continues to expand its charging infrastructure in the country.The new charging location is equipped with six destination chargers (AC, 11 kW each), enabling Tesla owners to charge their vehicles while shopping or dining.The facility — which launched at Nexus Select CityWalk — is designed to offer high reliability, with 99.95 per cent u…
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…
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, May 29 (IANS) Tesla on Friday announced the launch of the Model Y Premium Rear-Wheel Drive in India, expanding its electric vehicle portfolio in the country with a new premium variant of the segment.The new model has a starting price of Rs 50.89 lakh, and deliveries will commence in India from July 2026, according to the company.The newly launched variant introduces a range of hardware and design upgrades aimed at improving performance, comfort and interior experience. It boasts an al…
New Delhi, May 26 (IANS) Rising concerns over fuel prices and the government’s strong push for clean mobility are accelerating the demand for electric vehicles (EVs) in Gujarat’s Surat, where buyers are increasingly shifting towards EVs due to lower running costs, tax benefits and improving charging infrastructure.Speaking to IANS on the growing popularity of EVs, Assistant RTO Ankit Shah said people have strongly supported Prime Minister Narendra Modi’s appeal to adopt electric mobility a…
Seoul, May 20 (IANS) South Korea’s auto exports decreased more than 5 per cent from a year earlier in April, amid a sharp decrease in shipments to the Middle East due to a geopolitical crisis there, government data showed on Wednesday. But with higher oil prices caused by the Mideast crisis, domestic sales of electric vehicles increased sharply.The combined value of automobile exports came to $6.17 billion last month, down 5.5 per cent from the same month last year, according to the data from th…