Mahindra Calls for EV Level Playing Field Amid Tesla’s India Entry Plans

Mahindra Calls for EV Level Playing Field Amid Tesla’s India Entry Plans

Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla. Mahindra and Tata Motors have pressed Indian officials privately…

Hertz plans to sell 20,000 EVs, including Teslas
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Hertz plans to sell 20,000 EVs, including Teslas

Rental firm Hertz Global Holdings said Thursday it would sell about 20,000 electric vehicles from its US fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Shares of the company, which operates vehicles from Elon Musk’s Tesla and Swedish EV maker Polestar among others, fell about 3%…

Tesla Cybertruck With Higher Price Tag, Lower Driving Range Arrives Two Years Behind Schedule

Tesla Cybertruck With Higher Price Tag, Lower Driving Range Arrives Two Years Behind Schedule

Tesla’s pricier-than-expected Cybertruck pickup, which offers driving ranges that fell well short of what CEO Elon Musk had promised, has deeply disappointed some but fascinated others with its futuristic, SUV-like feel. The Cybertruck, two years behind schedule, enters a hot pickup truck market to compete with the likes of Ford’s…

xAI, Elon Musk’s AI Startup, to Release First AI Model to Select Group

xAI, Elon Musk’s AI Startup, to Release First AI Model to Select Group

Elon Musk‘s artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla CEO said on Friday. This comes nearly a year after OpenAI‘s ChatGPT caught the imagination of businesses and users around the world, spurring a surge in adoption of…

Tesla Autopilot Investigation Will Be Resolved, Could Make Announcement Soon, Says US Agency

Tesla Autopilot Investigation Will Be Resolved, Could Make Announcement Soon, Says US Agency

The National Highway Traffic Safety Administration (NHTSA) will resolve its two-year investigation into Tesla Autopilot and could make a public announcement soon, the agency’s acting head told Reuters. “We’ll get to a resolution (of the Tesla probe),” Acting NHTSA Administrator Ann Carlson told Reuters in an interview at the agency’s…

Twitter Now ‘X’ on Both Android and iOS Platforms; Tweets Relabeled as ‘Posts’

Twitter Now ‘X’ on Both Android and iOS Platforms; Tweets Relabeled as ‘Posts’

Twitter was recently rebranded as X by owner Elon Musk. On Friday, Musk claimed that the social media platform reached “new heights” with more than 540 million monthly users as compared to the reported 229 million monthly active users in May 2022. Musk took over the site in November 2022,…

Elon Musk Distracted by Twitter, Should Focus on Tesla as EV Rivals Pick Up Pace, Investors Say in Survey

Elon Musk Distracted by Twitter, Should Focus on Tesla as EV Rivals Pick Up Pace, Investors Say in Survey

Right on cue, Tesla skeptics are pushing back after this year’s sizzling $500 billion (roughly Rs. 41,05,550 crore) rally. Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the next two years just as Elon Musk appears distracted thanks to his high-profile ventures,…

EV Maker BYD Said to Be Planning to Invest $1 Billion in India for Electric Cars, Batteries

EV Maker BYD Said to Be Planning to Invest $1 Billion in India for Electric Cars, Batteries

China’s BYD has submitted a $1 billion (nearly Rs. 8,200 crore) investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to…