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February 21, 2025 11:40 AM

Centre likely to modify new EV policy as Tesla gears up to enter India

As Tesla prepares to enter India this year, the government is likely working on to modify the terms of a new policy that promotes manufacturing of electric vehicles (EVs) in the country. In a bid to attract the likes of Tesla, the tweaked EV policy may mandate carmakers to show a turnover of Rs 2,500 crore in the second year itself, as per sources. Centre may also offer further import duty relief. The government is likely to start accepting applications after the updated EV policy is notified ...

February 18, 2025 1:02 PM

Elon Musk’s Tesla kicks off hiring in India amid strengthening ties with government

Elon Musk-owned Electric car maker Tesla Inc. has officially begun its hiring process in India, marking a significant step towards its long-anticipated entry into the domestic market. On Monday, the electric vehicle (EV) giant posted a job listing on LinkedIn for the position of Consumer Engagement Manager in the Mumbai Metropolitan Region. The role is a full-time, on-site position, indicating Tesla's commitment to building a direct presence in the country. https://www.linkedin.com/jobs/view/41...

February 4, 2025 9:46 AM

Trump makes Musk, the world’s richest man, a ‘special government employee’

Elon Musk, who has moved swiftly to shrink the size of the U.S. government at President Donald Trump's behest, is now considered a "special government employee," the White House said on Monday. The designation allows Musk, the world's richest man, to work for the federal government but potentially avoid disclosure rules about conflicts of interest and finances that apply to regular government employees. Musk still runs electric car company Tesla and aerospace company SpaceX while chairing Trum...

October 24, 2024 10:10 AM

Tesla promises paid robotaxis next year, but significant hurdles remain

Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year, a claim likely to face significant regulatory and technical challenges. "We think that we'll be able to have driverless Teslas doing paid rides next year," Musk said on Tesla's quarterly earnings call. He said Tesla currently offers an app-based ride-hailing service to employees in the San Francisco Bay Area. His statement doubled down...

October 11, 2024 9:59 AM

Tesla CEO Musk unveils ‘Cybercab’ robotaxi as focus shifts to automation

Elon Musk showcased a robotaxi with two gull-wing doors and no steering wheel or pedals at a splashy event on Thursday and added a robovan to the roster as Tesla's goal shifts from low-priced mass-market automaker to robotics manufacturer. Musk reached the stage in a "Cybercab" which he said will go into production in 2026 and be priced less than $30,000. He said operation will cost 20 cents a mile over time and charging will be inductive, requiring no plugs. He said the cars rely on artificia...

June 11, 2024 12:35 PM

Apple brings ChatGPT and more AI to devices

Apple unveiled a long-awaited AI strategy on Monday, integrating its new "Apple Intelligence" technology across its suite of apps including Siri and bringing OpenAI's chatbot ChatGPT to its devices. In the nearly two-hour long presentation at Apple's annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with messages, emails, calendar, as well as third party apps. Siri will be able to write emails and change the tone of voice to...

May 30, 2024 7:49 PM

How China’s EV makers aim to beat Tesla, legacy automakers in Europe

Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition. Now they'll have to defend their home turf in Europe from an onslaught of formidable Chinese electric vehicles. Chinese EV titans, Chery and Great Wall Motor (GWM) are preparing a fusillade of product launches - about 20 over the next five years - and spending heavily on sales and marketing in their most important export market, according to Reuters interviews with 1...

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Last Updated: 22nd Feb 2025