New Delhi, May 10 (IANS) China is currently leveraging its driven by its dominance in critical minerals inputs required for the production in sectors such as New Energy Vehicles (NEV) to gain a geopolitical advantage through its capability to disrupt global supply chains.However, according to an article in The Diplomat, this advantage is likely to be overturned in the near future with the leap in new technology that is taking place in Western countries, with companies such as US tech giant Tesla…
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Seoul, May 4 (IANS) Sales of Hyundai Motor and Kia vehicles in the United States fell slightly from a year earlier, while numbers for hybrid vehicles rose to a new monthly high, the automaker said on Monday.The South Korean automakers sold a combined 159,216 vehicles in the key American market in April, down 2.1 percent on-year, according to the companies.Hyundai Motor sold 86,513 units, down 1.5 percent from the previous year, reports Yonhap news agency.Its luxury vehicle brand Genesis sold 6,3…
New Delhi, April 29 (IANS) Tesla and xAI CEO Elon Musk has testified in a high-stakes trial against OpenAI, accusing the artificial intelligence firm and its CEO Sam Altman of abandoning the organisation’s founding nonprofit mission in favour of commercial interests.Reports claim that the case in a federal court in Oakland centres on Musk’s claim that OpenAI deviated from its original goal of developing safe AI for the benefit of humanity and instead evolved into a profit-driven entity compe…
New Delhi, April 25 (IANS) Elon Musk, CEO of Tesla, has reportedly withdrawn fraud claims against OpenAI and its co-founders Sam Altman and Greg Brockman, narrowing the scope of his lawsuit on the eve of trial.As per reports, Yvonne Gonzalez Rogers, a US court judge, has allowed Musk to streamline the case, leaving just two claims, unjust enrichment and breach of charitable trust, out of the 26 included in his November 2024 complaint.Jury selection is scheduled to begin on Monday in a federal co…
Mumbai, April 23 (IANS) US automaker Tesla reported higher revenue and profit year‑on‑year in Q1 CY2026, buoyed by higher average vehicle prices, services and rise in subscriptions to its full self‑driving (supervised) system.The electric‑vehicle maker said revenue rose to $22.38 billion in the quarter, up 16 per cent from $19.3 billion in previous year, while automotive revenue increased to $16.2 billion from $13.96 billion in the same period of 2025. The auto manufacturer reported net …
New Delhi, April 22 (IANS) Tesla on Wednesday unveiled the new six-seater Model Y L in India, expanding its local portfolio with a family-focused electric SUV designed for space, comfort and performance. The launch took place at the Ballard Pier Downtown Experience Centre, with online bookings opening immediately on the company’s official website.The Model Y L will be available for public viewing starting April 23, 2026, at Tesla’s experience centres in key locations, including Bandra Kurla …
New Delhi, April 17 (IANS) Billionaire industrialist Gautam Adani, Chairman of the Adani Group, has become Asia’s richest individual, overtaking Reliance Industries Chairman Mukesh Ambani, according to the latest Bloomberg Billionaires Index.Gautam Adani’s net worth rose to $92.6 billion, placing him 19th globally, while Mukesh Ambani slipped to the 20th position with a net worth of $90.8 billion.The reshuffle at the top highlights the ongoing volatility in global wealth rankings in 2026, am…
Mumbai, April 6 (IANS) Tesla on Monday announced the launch of its first in-mall electric vehicle charging station in India at Nexus Seawoods Mall in Navi Mumbai.The new facility, located in the mall’s B1 parking area, features a total of eight chargers, including four V4 Superchargers offering fast DC charging at speeds of up to 250 kW and four Destination Chargers providing AC charging at 11 kW.The setup is designed to cater to varying charging needs of Tesla users, offering both quick top-u…
New Delhi, March 21 (IANS) Tesla and SpaceX CEO Elon Musk on Saturday said he is willing to pay the salaries of Transportation Security Administration (TSA) personnel amid an ongoing funding impasse in the US that is affecting airport operations.Taking to social media platform X, Musk said, “I would like to offer to pay the salaries of TSA personnel during this funding impasse that is negatively affecting the lives of so many Americans at airports throughout the country.”The remark comes at …
New Delhi, March 17 (IANS) Indian‑American households reported a median annual income of about $151,200, far above the US median of roughly $83,700 and ranked first among all major ethnic groups in the country, a new report has said.The report from The Australia Today, which cited Pew Research Center findings, said that Indian‑American households earn roughly $67,000 more per year or nearly 80 per cent higher than the typical American household.Indian Americans, roughly 4.8 million people, m…