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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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  • 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

    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

    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

    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 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

    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

    '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

    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

    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

    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

    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

    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

    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 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.

  • Tesla leases 33,000 sq ft in Gurugram for service and delivery of EVs at an annual rent of Rs 4.82 crore

    Tesla leases 33,000 sq ft in Gurugram for service and delivery of EVs at an annual rent of Rs 4.82 crore

    The lease deed showed that the space leased at Orchid Business Park will serve as Tesla’s electrical vehicle service centre, retail store and delivery centre.

  • Tata Power to recalibrate public EV charging ramp up over sluggish e-cars growth

    Tata Power to recalibrate public EV charging ramp up over sluggish e-cars growth

    Tata Power’s move can be an indicator of an overall decline in the pace of installation of public EV charging units in India. Last month, Karnataka government had to scrap its ambitious plan of to set up 2,500 EV charging stations across the state citing poor response from private companies.

  • Why is Tesla paying $29 billion to Elon Musk

    Why is Tesla paying $29 billion to Elon Musk

    Tesla has awarded Elon Musk $29 billion in shares as a “good faith” move amid legal battles and falling sales, aiming to retain him as CEO and keep him focused on the company’s future.

  • Tesla Delhi showroom to open on August 11

    Tesla Delhi showroom to open on August 11

    Tesla opened its maiden showroom in India in Mumbai on July 15.

  • BMW strikes back at Tesla with longer-range EVs

    BMW strikes back at Tesla with longer-range EVs

    Starting next year, Neue Klasse model production will initially run parallel to current cars. From the end of 2027, BMW’s flagship plant will be the first existing site in its global production network to exclusively manufacture all-electric vehicles.

  • Tesla to inaugurate maiden charging station in India on August 4

    Tesla to inaugurate maiden charging station in India on August 4

    The Tesla charging station launch follows the introduction of the Model Y in India on July 15.

  • ICICI Lombard scaled down motor, fire insurance coverage over pricing pressure: CFO Gopal Balachandran

    ICICI Lombard scaled down motor, fire insurance coverage over pricing pressure: CFO Gopal Balachandran

    ICICI Lombard CFO Balachandran told Moneycontrol growing those segments may not make financial sense, citing stagnant third-party premium rates over the past 4-5 years.

  • Tesla likely faces 'a few rough quarters' from end of US EV support, says Elon Musk

    Tesla likely faces 'a few rough quarters' from end of US EV support, says Elon Musk

    Shares fell nearly 5% after Musk responded on a quarterly results conference call to questions about new U.S. government policies under President Donald Trump

  • India's data rules may force Tesla to take China route for car insurance plan

    India's data rules may force Tesla to take China route for car insurance plan

    While Tesla is globally known for its real-time, telematics-powered insurance model, regulatory and data privacy constraints in India may force it to follow a more conservative model

  • Why Tesla is on trial over a fatal Autopilot crash — and what it means for the future of driver-assist technology

    Why Tesla is on trial over a fatal Autopilot crash — and what it means for the future of driver-assist technology

    A Miami courtroom is hearing emotional testimony in a rare federal case scrutinizing Tesla’s driver-assist tech and Elon Musk’s safety claims

  • Chinese EVs rule imports to India. Can Tesla shake things up?

    Chinese EVs rule imports to India. Can Tesla shake things up?

    In FY25, China accounted for 61.1 percent of the nearly 10,000 electric vehicles imported by India, up sharply from 22.8 percent the previous year. Imports from China have surged nearly 20-fold over the last four years—from just 332 vehicles—to dominate the Indian imported EV landscape.

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