Tag TSLA

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Tesla continues to raise prices of its cars in mainland China despite sales in the world's largest electric vehicle (EV) market slipping further in October. The US carmaker said in a post on Chinese social-media platform Weibo on Tuesday that it was increasing the price of its Shanghai-made Model 3 basic edition by 1,500 yuan (US$206), or 0.6 per cent, to 261,400 yuan. The price of the entry level version of the Model Y has been lifted by 2,500 yuan, or 0.95 per cent, to 266,400 yuan. The price...

Shares of companies in the consumer discretionary sector got a big boost Tuesday from rather tame inflation data, which provided hopes that consumers will.....

In 2016, Elon Musk stepped onstage to show us the home of the future. Tesla acquired Solarcity for $2.6bn in 2016. Marking the deal, a blog post on the Tesla website talked up the prospect of a rooftop solar panel “that looks better and is more durable than a normal roof, that can be easily customized to fit the unique needs of each house, and that will lower costs to the consumer.”...

Tesla has nearly doubled its components imports from India, an official said. There are reports of a bigger India deal in the works...

Tesla plans to double its component imports from India, the country’s Trade Minister Piyush Goyal said in a post on social-media platform X...

China ended an 11-year subsidy scheme for EV purchases in 2022, but some local authorities have continued to offer aid or tax rebates to attract investments as well as subsidies for consumers. EV sales in China, the world's largest auto market, increased 29% year-to-date in September. China is entering the final two months of the year which are seasonally high for vehicle sales, according to Rho Motion...

U.S. electric car maker Tesla Inc is planning to double the number of components it imports from India, Indian trade minister Piyush Goyal said on Tuesday through a post on social media platform X. He was, however, unable to meet Tesla chief Elon Musk during his visit to the plant, Goyal added...