tesla electric vehicles

Tesla began customer deliveries of the Cybertruck on Thursday, bringing to fruition an Elon Musk passion project that the billionaire boasts is stronger than bullets and faster than a Porsche."It's very rare that a product comes along that is seemingly impossible... that experts said would never be made," a giddy Musk told a crowd at Tesla's Austin, Texas headquarters. "And this is one of those times." The arrival of the angular truck, which has evoked the world of "Blade Runner" or "Mad Max," comes two years later than…

Published By: Paras YadavLast Updated: May 20, 2023, 13:39 ISTImage used for Representation. (Photo: IANS)The Elon Musk led U.S. automaker held talks with Indian officials this week on various topics including incentives for car and battery manufacturingTesla Inc is “serious" about its plans to establish a manufacturing base in India, the country’s deputy minister for technology told Reuters in an interview on Friday, a day after meeting senior executives of the electric vehicle maker.The Elon Musk led U.S. automaker…

Published By: Paras YadavLast Updated: May 18, 2023, 07:00 ISTOutgoing Twitter CEO Elon Musk has teased two new electric vehicles (EVs) during its annual shareholder’s meeting, saying one new EV is already in the manufacturing process.One of the new vehicles might be the $25,000 hatchback that Musk mentioned back in 2020 during the company’s battery day, reports TechCrunch.“I just want to emphasise that we are actually building a new product. We are actually designing a new product. We’re not sitting on our hands here,"…

Tesla Inc on Friday slashed prices of its electric vehicles in Europe, Israel and Singapore, extending a global discount drive it began in China in January while raising concern about its industry-leading profit margin.Following are details of the price cuts:CHINATesla reduced prices for all versions of its Model 3 and Model Y cars in China by between 6.0% and 13.5% in January, according to Reuters calculations.In February, however, the carmaker raised prices of the performance and long-range versions of its Model Y…

A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing US startups like Rivian Automotive Inc and Lucid Group Inc to grab share in an industry competing for shrinking consumer wallets.Tesla's move last week to slash prices globally on its EVs by as much as 20% could draw new buyers to electric cars in the industry, but also will force other automakers to respond with lower prices or risk getting left behind, analysts and investors said.Some startups may not be…

Price and production cuts contribute to the CEO squandering his status as world’s richest person. Elon Musk's prediction that Tesla would have an “epic” end of year looks more off base by the day. The ebullient outlook the CEO offered during the carmaker's last earnings call has given way to price and production cuts in China. In the US, Tesla is offering consumers something previously unthinkable: a $3,750 incentive to take delivery of certain vehicles now, rather than wait for the new year. “Tesla increasingly…

Electric car deliveries from Tesla Inc.’s factory in Shanghai rose to a record in November. Electric car deliveries from Tesla Inc.'s factory in Shanghai rose to a record in November after the US automaker deployed aggressive marketing tactics and promotions in China's increasingly competitive market. Tesla shipped 100,291 cars in Asia's biggest economy last month, versus 71,704 in October and almost double the 52,859 vehicles the EV pioneer delivered in the same month of 2021, Cui Dongshu, secretary general of…

US automaker Tesla on Thursday delivered its first battery-powered heavy duty truck, dubbed "Semi," and built to tackle long hauls with the handling of a sporty sedan. US automaker Tesla on Thursday delivered its first battery-powered heavy duty truck, dubbed "Semi," and built to tackle long hauls with the handling of a sporty sedan."That thing looks like it came from the future," Telsa chief Elon Musk said while handing over the keys to PepsiCo executives at the vehicle maker's Nevada manufacturing plant. With its…

Tesla is changing its marketing approach in China as fierce competition from domestic rivals and uneven demand puts its growth plans at risk. Tesla Inc. is changing its marketing approach in China as fierce competition from domestic rivals and uneven demand puts its growth plans in the world's biggest electric-car market at risk. The EV pioneer has extended insurance subsidies of as much as 8,000 yuan ($1,100) for new buyers, according to a post on its Weibo account, reinstated a user referral program and even…

In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a close friend of South Korea's president. In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer - a close friend of South Korea's president.Prosecutors have charged the driver with involuntary manslaughter. He blames Tesla. Choi Woan-jong, who had eked out a living by driving drunk people home in their…