BEIJING : Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with the country’s foreign minister in Beijing, marking his return to the electric carmaker’s largest production hub after three years. The trip is the latest return by a top U.S. CEO to China since the country […]
Ford’s EV charging deal with Tesla puts pressure on GM, other rival automakers – EQ Mag
A surprise deal between Ford Motor and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers’ EV strategies. Ford CEO Jim Farley and Tesla CEO Elon Musk announced the deal Thursday during a live audio discussion on Twitter Spaces. RBC Capital analyst Tom Narayan said the Ford-Tesla deal could […]
Tesla offers China-made electric vehicles for sale in Canada – EQ Mag
Tesla is listing China-made Model 3 and Model Y models for sale in Canada, the company’s website showed on Tuesday, confirming the electric car maker has completed its first shipments to North America from its Shanghai factory. Tesla’s website showed both rear-wheel drive Model Y vehicles and the long-range, all-wheel drive version of the Model […]
Tesla releases teaser image of entry-level ‘Model 2’ electric car – EQ Mag
First image of new entry-level model’s silhouette shown at US firm’s annual shareholder meeting Tesla has released a preview image of its next electric car, which is expected to be the entry-level ‘Model 2’ hatchback that’s set to rival the upcoming Renault 5 and Volkswagen ID 2. Speaking at the US firm’s 2023 shareholder meeting, […]
Tesla ‘serious’ on establishing India production, innovation base, minister says – EQ Mag
The Tesla officials also discussed the incentives for car and battery manufacturing with the Indian officials Elon Musk’s Tesla is serious about its establishing a manufacturing base in India says Minister of Electronics and Information Technology, Rajeev Chandrasekhar, reports Reuters. The electric vehicle maker’s top executives were recently on an India visit to meet ministers […]
Tesla ‘serious’ on establishing India production says Union Minister Rajeev Chandrasekhar – EQ Mag
The Elon Musk led US automaker held talks with Indian officials this week on various topics including incentives for car and battery manufacturing, Reuters reported on Thursday, as Tesla looks anew at entering the Indian market. New Delhi : Tesla Inc is “serious” about its plans to establish a manufacturing base in India, minister of […]
Tesla approached Indian government: Official – EQ Mag
Prime Minister also likely to meet Elon Musk in his visit to US next month: Sources Global electric vehicle (EV) giant Tesla on Wednesday is revisiting its plans to set up a factory in India, for both domestic and exports and it has not asked the Indian government to also consider a duty cut, sources […]
Tesla executives to visit India this week in pivot beyond China – EQ Mag
A group of senior Tesla Inc. executives plan to visit India this week to meet with federal government officials in a newfound bid to deepen the carmaker’s supply chain in the country as it pushes to diversify beyond China. The executives are scheduled to meet with government representatives including those from the office of Prime […]
Tesla Begins Building $1 Billion Lithium Refinery in Texas – EQ Mag
Tesla broke ground on a lithium refinery it plans to build in Corpus Christi, Texas with CEO Elon Musk joined by Gov. Greg Abbott on Monday for the ceremony. Tesla plans to invest $375 million to build the facility according to filings with the Texas Comptroller. Tesla CEO Elon Musk joined Texas Governor Greg Abbott […]
Tesla raises 2023 spending forecast as it races to ramp up output – EQ Mag
Tesla Inc raised its capital expenditure forecast for 2023 on Monday as the automaker ramps up output at its factories to take advantage of the rising interest in electric vehicles. The company, led by Elon Musk, said in a filing that it expects to spend between $7 billion and $9 billion this year, higher than […]