Tesla Inc CEO Elon Musk indicated on Friday that the U.S. electric automaker will enter India in 2021. “Next year for sure,” Musk said on Twitter in reply to a post with a picture of a T-shirt with the message: “India wants Tesla”. “Thanks for waiting,” Musk added. Tesla’s entry could come at a time […]

Shares of Asian battery suppliers dropped on Wednesday after Tesla Inc outlined a strategy to halve the cost of its electric vehicle batteries and increase the production of the major auto component in-house. The fortunes of battery makers in South Korea, Japan, and China are associated with Tesla, the EV market leader, as they provide […]

Tesla Inc CEO Elon Musk said on Monday improvements to be revealed at the electric automaker’s “Battery Day” event would not reach “serious high-volume production” until 2022, leading to a decline in its shares. Many analysts and industry officials expected Musk to reveal battery improvements at the widely-anticipated event, extending the company’s lead over major […]

Tesla Inc has a chance to deliver a record number of vehicles in the third quarter, the U.S. electric automaker’s CEO Elon Musk said in an internal email, urging workers to work hard to achieve that goal. “We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to […]

Microsoft co-founder Bill Gates doesn’t think it’s fair to refer to Tesla CEO Elon Musk as “the next Steve Jobs,” the billionaire philanthropist said during an interview on Bloomberg TV. When asked by Bloomberg‘s correspondent Erik Schatzker if Musk was indeed the next Jobs, Gates answered: “If you know people personally, that kind of gross […]

Tesla Inc’s stock was set for a fifth consecutive session of gains as expectation heats up for its “Battery Day” event next week, recouping some of its latest valuation declines after a sell-off and surprise exclusion from the S&P. The company’s shares were up as much as 4.4% at $437.89 in early trading on Tuesday. Traders […]

Volkswagen’s CEO Herbert Diess on Monday sought to quell speculation that the world’s largest automaker, which is on its way to push for mass production of electric cars, has plans to develop deeper ties with start-up rival Tesla Inc. Diess met with Tesla’s CEO Elon Musk in Braunschweig, Germany, last week, and during his visit […]

Tesla Inc, the American electric automaker, was named after the American inventor Nikola Tesla (1856 – 1943). It appears that Tesla CEO Elon Musk might be expanding Tesla into the birthplace of Nikola Tesla, which is Croatia. The inventor was born in a village of Smiljan in the Austrian Empire. With the new borders, the village […]

Tesla CEO Elon Musk met Volkswagen’s CEO Herbert Diess for a courtesy visit during which Musk took a test drive in Volkswagen’s new electric car, a source familiar with the matter said on Friday. A spokewoman for Volkswagen refused to comment on the meeting. A spokeswoman for Tesla could not be reached for comment. Volkswagen […]

Tesla CEO Elon Musk signed autographs and joked around as he visited the Tesla gigafactory in Grünheide, Brandenburg, just outside Berlin. “We want to make this a real fun place to work,” Musk said, adding that construction at the site close to the A10 was moving very fast.  “You can see how fast the progress […]

Tesla Inc on Tuesday revealed its biggest program of new share sales as a public company, seeking to cash in on increasing Wall Street interest in the electric automaker to raise up to $5 billion that will ease future debt pressures. The move comes a day following a 5-for-1 stock split took effect, the automaker’s […]

American electric automaker Tesla Inc has brought a software update that will let its vehicles Autopilot system detect speed limit signs using cameras. When the camera observes a speed limit sign, it will show it on the driver visualization screen in case. A user can also set a speed limit warning. “Speed Assist now leverages your car’s cameras […]

Tesla Inc CEO Elon Musk has become the third-richest person in the world after surpassing Facebook Inc co-founder Mark Zuckerberg on Monday as shares of Tesla continued their unrelenting rally after going through a forward stock split. Musk is now worth $115.4 billion compared with $110.8 billion for Zuckerberg, the Bloomberg Billionaires Index noted. Similarly, […]

Bill Gates, the world’s second-richest billionaire and co-founder of Microsoft on his blog Gatesnotes wrote that electric vehicle revolution has certainly started and that it could become one of the most important tools to fight climate change. However, his apparent differences with American automaker Tesla Inc’s CEO Elon Musk was once again exposed when he […]

Tesla Inc CEO Elon Musk has suggested the U.S. electric automaker may be able to mass-produce batteries with 50% more energy density in three to four years, which could even allow electric airplanes. His comments came as speculation is increasing about announcements at Tesla’s anticipated “Battery Day” event where it is expected to reveal how […]