Reuters reported in March that the Elon Musk-led company had signed a lease deal to open its first showroom in Mumbai to start its sales in India. As a part of its entry into the South Asian nation, the EV maker had stepped up hiring and in the past was scouting for showroom sites in Mumbai and India's capital city, New Delhi...

(Bloomberg) -- Treasury Secretary Scott Bessent told a room full of billionaires in Sun Valley that President Donald Trump shares a personality trait with his former boss, the famously liberal financier George Soros: Both are impatient when working on high-stakes deals. Most Read from BloombergSinger Akon’s Failed Futuristic City in Senegal Ends Up a $1 Billion ResortAre Tourists Ruining Europe? How Locals Are Pushing BackWhy Did Cars Get So Hard to See Out Of?Can Americans Just Stop Building Ne...

TOKYO (Reuters) -Panasonic Holdings will postpone its plan to bring its new U.S. electric vehicle battery plant to full capacity by March 2027 as Tesla, its main customer, is experiencing sluggish sales, the Nikkei business daily reported on Friday. Panasonic said it could not immediately comment. The Kansas plant, Panasonic's second large-scale battery plant in the United States after one in Nevada, is scheduled to start mass production soon, the newspaper said...

An investor recently posed a simple but striking question in Reddit’s r/stocks forum: What are the “‘boring’ stocks with tech-like returns?” “Everybody is chasing the next AI hype,” they said, mentioning companies like Palantir (NASDAQ:PLTR), Rocket Lab (NASDAQ:RKLB) and even semiconductors. When someone mentions semiconductors, they typically refer to companies that design or manufacture these chips, like Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), or Intel (NASDAQ:INTC). Don't M...

Tesla has applied for a permit to test and deploy autonomous vehicles in Arizona. It's also eyeing expansion in Austin, Texas, and California...