Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each on Friday, days after the first-quarter deliveries of the world's most valuable automaker missed market expectations. Elon Musk's electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website. Tesla North America also said in a post on X said it would end its referral program benefits in all markets after April 30...

(Bloomberg) -- Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra Modi, saying he has to deal with “very heavy” obligations at Tesla Inc. Most Read from BloombergTraders Are Cashing Out of Markets En MasseNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemElon Wants His Money Back‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits City“Unfortunately, very heavy Tesla o...

Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year. "Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year," Musk posted on his X social media platform. Tesla could have used the India announcement to try to reassure investors after months of share-price declines and the news on April 15 that it would lay off more than 10% of its global workforce...

Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year. "Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year," Musk posted on his X social media platform. Tesla could have used the India announcement to try to reassure investors after months of share-price declines and the news on April 15 that it would lay off more than 10% of its global workforce...

Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each on Friday, days after the first-quarter deliveries of the world's most valuable automaker missed market expectations. Elon Musk's electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website. Tesla North America also said in a post on X said it would end its referral program benefits in all markets after April 30...

(Bloomberg) -- Days after Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings, Elon Musk will fly to India to squeeze in a meeting with Prime Minister Narendra Modi. Most Read from BloombergTraders Are Cashing Out of Markets En MasseNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemElon Wants His Money Back‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityIt’s not an idle period fo...