India woos Tesla with offer of cheaper production costs than China
India offers incentives on the cost of production less than in China if Tesla agrees to produce its car into the country.
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Google Stop Employees from using Zoom Video Conferencing App
Google ban employees from using popular video-conferencing app Zoom after end to end security flaws.
Tesla reports huge Q2 Loss, Shares plunge 10 percent
Tesla shares tumbled 10 percent to $238.39 after reported a bigger loss of $408 million in Q2.
Tesla Y Model Launched, Starting Price is $39000
Tesla Model Y with starting price at $39000
Tesla Selling Shares to raise Money for Car Delivery Trailers
Tesla offers share to raise money
Tesla acquires Energy storage company Maxwell Technologies for $218 Million
Tesla acquires Maxwell Technologies
Tesla Names Oracle co-founder Larry Ellison to Board
Tesla has reportedly named Oracle co-founder Larry Ellison who is a shareholder and close friend of Chief Executive Elon Musk, to its board to provide the independent oversight demanded by U.S. regulators. The move is meant to usher Tesla past months of turbulence following Musk’s Aug. 7 tweet that he was considering taking the company private and had secured funding. […]
SpaceX Completes Last Mission of 2018, Launch a Military GPS Satellite
SpaceX has successfully launched the United States Air Force’s first Global Positioning System (GPS) III satellite, nicknamed Vespucci, from Cape Canaveral, Florida this morning in what was the aerospace company’s first U.S. national security mission to date. The company had planned to complete the launch, its last of the year, earlier this week but heavy winds imposed delays. SpaceX won the National Security […]
Tesla Starts Taking Orders for Model 3 in China
The EV major Tesla has begun to take orders for its Model 3 sedan in China for a deposit of CNY 8,000 ($1,153.60 or about Rs. 83,000). However, the company declined to comment on the development. Chief Executive Officer Elon Musk stated, “Probably some deliveries in March, but April is more certain“, after a Twitter user asked when the […]
Tesla Rolls Out a Cheaper, Mid-Range Model 3
One of the largest EV companies Tesla is coming up with a new, cheaper mid-range battery version of the Model 3 that starts at $45,000 before federal tax incentives. Tesla CEO Elon Musk made an announcement about the new variant through Twitter and also stated that it has an estimated battery range of 260 miles. […]
Tesla’s Second Largest Shareholder Acquires Stake in Rival Nio
The second largest shareholder of Elon Musk’s Tesla called Baillie Gifford has now acquired 11.44 percent stake in Chinese electric vehicle automaker Nio which is Tesla’s rival. The company disclosed that it had purchased 85.3 million shares, which were valued at about $515 million as of the close of trading Monday. Baillie Gifford is the largest […]
Tesla to Build its own Car Carrier Trailers to Boost Deliveries
With an aim to accelerate deliveries, electric car maker Tesla has started manufacturing its own car carrier trailers as stated by CEO Elon Musk. The company is seeing a production of about 4,000 Model 3 vehicles per week. Also, it is witnessing an increase in delivery volume by a factor of 3-4 in some markets and […]