Friday, 20 May, 2022

Topic: Tesla

Elon Musk sells $4 billion worth Tesla shares, pledges no more sales

As Wall Street analysts & Tesla investors had suspected, Musk offloaded 4.4 million shares on 26 April & 27 April to cover the $21 billion equity portion that he’s personally guaranteed.

‘Don’t manufacture in China and sell here. Make in India,’ Gadkari’s advice to Elon Musk

Tesla wants to import and sell its vehicles in India but has complained of high tariffs.

Why Elon Musk’s Twitter takeover offer is not about free expression

Musk’s greater involvement in Twitter is worrisome due to his track record as a self-proclaimed 'free-speech absolutist' who hasn’t always acted as a free speech advocate.

How will Elon Musk change Twitter? Time will tell if involvement is for better — or for worse

Perhaps Tesla CEO's most valuable contribution would be to change Twitter’s metabolism and culture — forcing it to move faster and take bolder risks.

How companies should respond to US-China tensions—reduce supply chain dependence

Tesla could be in trouble. It has no choice but to keep operating in both US and China while navigating political and market risks.

Modi govt wants Tesla to buy Rs 3,300 cr of local auto parts for import tax cut consideration

The govt has said it is keen for Tesla to make cars in the country, but appears to be using their interest to try and gain benefits for the nascent local electric car industry.

India needs an atmanirbhar electric vehicle supply chain before invites to Tesla

From Li-ion batteries to electric motors, import dependency has been the only option for domestic electric vehicle manufacturers.

4 Indian states invite Tesla to set up shop after Elon Musk mentions ‘challenges’ with Modi govt

Telangana, Maharashtra, Bengal ministers & Punjab Congress chief Navjot Sidhu responded to Musk's tweet, which said Tesla 'still working through a lot of challenges with govt'.

Elon Musk says Tesla isn’t in India yet due to ‘challenges with the govt’

Tesla CEO and Modi’s administration have been in talks for years, but disagreements over a local factory and the country’s import duties of as much as 100% have led to an impasse.

Toyota & Volkswagen are plotting the overthrow of Elon Musk, pour billions into EVs

The world’s two biggest automakers — each sold roughly 10 or 11 cars for every one Tesla did last year — realize the age of EV is here and are gaming out how to stay on top.

On Camera


Representative image of an ethanol-blended fuel station plug | Wikimedia Commons

Ethanol blended fuel to power vehicles. Will it hurt your car’s engine?

India’s reliance on ethanol blended fuel is only set to increase in the wake of rising crude oil prices. But are we going to adapt in time?
A shopkeeper arranges stock at a grocery store in Bengaluru | Representational image | Bloomberg Photo

Inflation raised monthly expenses of 92% Indian families in last 3 months, finds online survey

A LocalCircles poll found that 70% of respondents felt their monthly household budget increased by 10% while 55% expected expenses to go up by another 10% in the next 3 months.


File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.