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The Palo Alto-based electric carmaker was founded in 2003 by Elon Musk. Last year marked a watershed moment for Tesla when its market-capitalisation went up to $600 million dollars. As per Reuters, this made the EV maker more valuable than the five largest carmakers in the world combined. Most recently Tesla surpassed $1 trillion in market value on October 25 after landing its biggest-ever order from rental car company Hertz. The cheapest Model 3 sedan starts at about $44,000, making the Hertz order worth about $4.4 billion, if the entire order were for its mass-market sedan. Tesla accounts for about 2.5% of the S More

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  • Tesla touts China ties as automakers scrutinise supply chain

    The carmaker’s Chinese operations are significant, with its Shanghai factory not only its largest production hub but also serving as a primary export center for markets in Asia and Europe.

  • Nvidia’s stock is sinking as doubts about its AI dominance grow

    Shares of the chipmaker fell 2.6% on Tuesday following a report suggesting that Alphabet Inc.’s AI processors are gaining ground.

  • Tesla expects Indian buyers of Model Y to recoup one-third of price in 4-5 years

    Tesla entered India in July and priced its Model Y about 70% higher than the cost of the car in the United States due to high taxes.

  • Tesla sued over another fatal crash in growing scrutiny of doors

    The lawsuit comes weeks after one was filed against Tesla in Wisconsin over a Model S crash that killed five occupants who allegedly became trapped in a fast-moving inferno when the doors wouldn’t open

  • India’s first Tesla Centre to open on November 26 in Gurugram

    India became the 50th global market for Tesla when it launched two variants of the Model Y starting at Rs 59.89 lakh

  • Watch | Elon Musk dances with humanoid robot Optimus as Tesla shareholders approve $1 trillion pay deal

    Moments after the vote at Tesla’s annual meeting in Austin, Texas, Elon Musk appeared on stage to roaring cheers and began dancing alongside Optimus, the company’s humanoid robot.

  • Tesla shareholders approve massive $1 trillion pay package for Elon Musk

    His ownership would increase from about 13% to 25%, adding more than 423 million shares to his holdings over the next 10 years.

  • Elon Musk's $1 trillion pay package to face Tesla shareholder vote

    Tesla Chair Robin Denholm has appeared on CNBC and other broadcasts in recent weeks to sell the plan in a sign of the board's continued enthusiastic backing for Musk, despite criticism that the billionaire's embrace of far-right political figures has weighed on sales

  • What is it like inside Tesla’s human-driven push to train the Optimus robot?

    Current and former employees describe the training process as physically intense and mentally draining. Tasks range from running and dancing to wiping surfaces or mimicking golf swings — all repeated until the robot’s AI recognises the movements as human-like.

  • Tesla is set to hire ex-Lamborghini head to drive India sales

    The electric-car maker has hired Sharad Agarwal, who previously led Lamborghini India, to head local operations

  • ACKO to ramp up EV-specific products, distribution channels as it begins Tesla linked insurance: CEO Animesh Das

    CEO Animesh Das said the company plans to significantly scale up this share in the coming quarters, although refraining from providing any specific guidance

  • Elon Musk hijacks Tesla earnings call to vouch for $1 trillion pay plan

    Musk emphasized, as he has in the past, that sufficient voting control matters more to him than monetary compensation from Tesla.

  • Tesla recalls over 63,000 Cybertrucks over lighting defect, issues software fix

    The Elon Musk-led automaker said it identified the problem during an internal review earlier this month after photometric tests confirmed the excessive brightness.

  • Rohit Sharma buys Tesla with special number ‘3015’, check price, features and more about electric car

    As each car combines performance, status, and personal meaning, Rohit Sharma's collection is genuinely unique.

  • Tesla debuts 'affordable' Model Y and 3 that strike some as too expensive

    CEO Elon Musk has touted the car as a way to tap a wider swath of buyers, saying last year that a price below $30,000, after incentives, was the key

  • BYD extends Tesla-beating sales streak to four straight quarters

    BYD managed to outsell Tesla on a quarterly basis even despite registering its first total sales decline in 18 months in September

  • Tesla faces probe by US auto safety agency over door handles

    The move comes days after a Bloomberg investigation uncovered a series of incidents in which people were injured or died after being unable to open doors when the power is lost, particularly after crashes.

  • 'This one's for you, Elon Musk': INOX Group's Siddharth Jain receives India Inc’s first Tesla EV

    Tesla officially debuted in the Indian market on July 15 with the opening of its inaugural showroom in Mumbai.

  • Tesla jumps 8% after Elon Musk acquires EV maker's shares worth $1 billion

    Investor sentiment on the automaker has been dampened by faltering EV demand, as well as Musk's focus on politics

  • Ellison tops Musk as world’s richest man after $101 billion gain

    The increase lifted Larry Ellison's total fortune to $393 billion, ahead of Musk who sits at $385 billion

  • Who is Larry Ellison, the man who ended Elon Musk's 300-day reign as world's richest

    The jump in fortune is mainly attributable to Ellison’s 41 percent stake in software company Oracle.

  • Tesla market share in US drops to lowest since 2017 as competition heats up

    The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry

  • Proposed Tesla pay package could make Musk world's first trillionaire: All you need to know

    The plan, which runs for 10 years and must be approved by shareholders, provides for the granting of shares to Musk based on Tesla's market valuation.

  • Tesla’s China shipments suffer back-to-back drop as rivals gain

    The electric vehicle maker shipped 83,192 units from the plant last month, according to preliminary data

  • Tesla Delhi showroom launch today, Model Y to be displayed

    Tesla Delhi launch: Tesla will open its second India showroom in New Delhi's Aerocity, offering the Model Y in two variants, following its first outlet launch in Mumbai last month.

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