August 1st, 2019In a major announcement, the Indian government planned to invest $1.4 billion toward incentivizing electric vehicle manufacturing in the country.
October 1st, 2018In the charges against Tesla and Elon Musk, the entrepreneur has agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit.
This settlement is enabling Musk to remain CEO of the electric car company but requires him to discontinue his role as chairman for at least three years. However, he...
September 26th, 2018With 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 therefore,...