San Francisco, To show the US Securities and Exchange Commission (SEC) that it is reigning in Elon Musk from sending out irresponsible tweets, the electric car company Tesla has named Oracle heavyweight Larry Ellison and top-ranked HR executive Kathleen Wilson-Thompson to its board. A long-time Musk friend, Ellison is Co-founder[Read More…]
Tag: Tesla
Apple hires former Tesla senior designer
San Francisco: Renewing speculation of Apple’s self-driving car, the Cupertino-based tech giant has hired former Tesla senior designer Andrew Kim. Kim worked extensively on Tesla Model 3, S, X and Y along with the Roadster V2 and the Semi. “His LinkedIn profile says that he joined the company in December[Read More…]
Audi To Take On Tesla Model S With e-Tron GT; Launch In 2020
The third member of the Audi e-tron series, the GT, has been unveiled in concept form at the 2018 LA Auto Show. The SUV and the sportback are slated to launch in 2019. And following in their footsteps, the lower, faster and sleeker GT concept brings battery power to fast[Read More…]
Tesla appoints Robyn Denholm to replace Musk as Chairman
San Francisco: Electric car company Tesla on Thursday announced the appointment of Robyn Denholm, an executive at Australian firm Telstra, to become the Chair of the Tesla Board. Denholm takes over the role from Elon Musk who agreed to step down as Chairman of Tesla for three years and pay[Read More…]
Musk denies James Murdoch taking over as Tesla’s Chairman
San Francisco: Tesla CEO Elon Musk has denied that James Murdoch, the younger son of media mogul Rupert Murdoch, is going to replace him at electric car maker Tesla. Reacting to a Financial Times report that claimed James Murdoch was going to join Tesla as Chairman, Musk tweeted on Thursday[Read More…]
Tesla’s new referral programme lets you launch photo in deep space
San Francisco, Oct 7 (IANS) Want to send your photo to space? Tesla’s new referral programme rewards owners by sending an image of their choice “etched in glass” to deep space, the media reported. According to a Daily Mail report, Tesla customers who encourage their friends and family to purchase[Read More…]
Apple world’s top brand, Facebook slips to 9th spot: Report
San Francisco: Apple displaced Google to become the top brand in the world in 2018 while Facebook, mired in data breach controversies, fell to ninth place in the top 100 brands globally, an annual report said on Thursday. According to global brand consultancy Interbrand’s “Best 100 Global Brands 2018” report,[Read More…]
Elon Musk steps down as Tesla’s Chairman
New York, Sep 30 (IANS) Elon Musk has agreed to step down as chairman of Tesla Inc. for three years and pay a $20 million fine in a deal with the stock market regulatory authority, Securities and Exchange Commission (S.E.C.) to resolve securities fraud charges. The S.E.C. announced the deal[Read More…]
Tesla misses on Model 3 car production target: Report
Despite Chairman and CEO Elon Musk claiming that Tesla will ramp up production of its Model 3 car to 6,000 units per week, the electric carmaker has reportedly missed the goal and made only 4,300 units in the last week of August. “Tesla is on track for a production record[Read More…]
Elon Musk proposes taking Tesla private at $420 per share
In a surprise move, Elon Musk has announced to take his electric car maker company Tesla private at $420 per share. A final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best. “As a public company, we[Read More…]
Tesla posts $3.4bn in revenue, aims 5,000 cars a week
San Francisco: Aiming to ramp up its production targets to 5,000 cars a week, Elon Musk-run Tesla has reported revenue of $3.4 billion for the first quarter of 2018, saying that Model 3 production hit 2,270 a week in April. Tesla’s cash balance dropped but the US-based electric vehicle automaker[Read More…]
Tesla recalls 123,000 Model S sedans
San Francisco: Tesla has recalled about 123,000 Model S sedans, asking customers with cars built before April 2016 to have their power steering bolts replaced, the media reported. A Tesla spokesperson on Thursday said the company has observed “excessive corrosion” of the part in some cold climates where a certain[Read More…]
First-Ever Tesla arrives in India: Model X with its steering on right side
The first-ever Tesla has landed in India, and it’s a blue Model X with its steering on the right side. It could be a personal vehicle and not meant for official testing. Tesla allowed Indians to book the Model 3 but hasn’t since signalled if or when it’ll arrive. The vehicle, imported by Greenwich Meridian Logistics[Read More…]
Mahindra to launch two more electric vehicles by 2019
Mahindra is presently the only electric vehicle manufacturer in India with three EVs up for sale – the eVerito, the e2o Plus and the eSupro. The Indian carmaker, popular majorly for manufacturing SUVs, ventured into the EV space almost half a decade ago, and now wants to make the most of the[Read More…]
Electric cars in India: Present, Problems and Future
There were some hard to digest comments made by road transport and highways minister, Nitin Gadkari. We won’t get into the nitty-gritties of the matter but the simple idea put forth is that the Government is anti-fossil fuel powered cars – diesel or petrol. While the words used and the[Read More…]
Tesla Model 3: All you need to know
Tesla has recently delivered the first 30 Model 3s to its customers (mostly to its employees) in a big event. The first production-spec Tesla Model 3 rolled off from its Fremont-based facility more than a year after it made its world premiere in the USA. It is up for order from India as well[Read More…]
Sharp decline in price of Tesla shares, more roadblocks ahead
A day after its stock briefly fell into bear market, Tesla started the production of its much-awaited Model 3 on Friday. The week’s 13% share-price decline as of Friday morning brings the company’s financial position into question. However, Tesla had plenty of cash on hand initially—more than $4 billion as[Read More…]
Anand Mahindra invites Elon Musk to join hands in making electric cars
The government recently declared an ambitious plan to decrease air pollution. It had said that India will only have electric cars running on its roads by 2030. Tesla CEO Elon Musk, who is a great enthusiast of electric cars, took no time to respond to the Indian government’s plan. “India[Read More…]
India-bound Tesla Model 3 details leaked
With the Model 3’s launch fast approaching, its details have been pouring in of late. The recent leak tells us about the 60mph (96kmph) sprint time and the number of configuration options among other details. Apart from Tesla CEO Elon Musk’s impromptu Twitter responses and the very first spy shots[Read More…]
Kuka robots to assemble cars in Tesla factory
Production-Spec India-bound Tesla Model 3 spied completely undisguised
As the time for the Model 3’s official launch and deliveries approaches, it has been spied completely undisguised in the automaker’s facility. Tesla’s most economical model made its world premiere in April last year with the promise of production and deliveries starting this year. Tesla is entering India soon and[Read More…]