Elon Musk’s $56bn pay package from Tesla should have been restored by a vote of the company’s shareholders last year, a Tesla attorney has said to the Delaware Supreme Court in the United States. The Tesla lawyer made his arguments on Wednesday as one of the biggest corporate legal battles entered its final stage after…
The EV tax incentive was scrapped as part of US President Donald Trump’s mega tax and spending bill passed earlier this year. Published On 14 Oct 202514 Oct 2025 Click here to share on social media share2 Share General Motors will take a $1.6bn hit in the third quarter as it reshapes its electric vehicle…
Tesla sales have surged in the third quarter as buyers in the United States rushed to take advantage of electric vehicle (EV) tax credits that were eliminated under President Donald Trump’s sweeping tax bill passed this year. On Thursday, the automaker reported a 7.4 percent increase in sales compared with the same period last year…
Sales of electric vehicles are growing strongly despite a certain unevenness in this growth across the globe. But overall, this growth is not strong enough to give battery researchers a break—work is still underway for batteries that are more reliable, faster to charge, and longer-living. In that, the EV industry may have a somewhat unlikely…
Tesla shares jumped 6 percent on Monday after CEO Elon Musk disclosed that he had bought $1bn worth of the company’s stock. The move reinforces Musk’s push for greater control over Tesla and comes a week after the company’s board offered him a $1 trillion pay package over the next decade. Musk’s stock purchase –…
The governing board for the electric carmaker Tesla has put forward a pay package for CEO Elon Musk that could make him the world’s first trillionaire — but only if he meets a series of high-performance standards over the next 10 years. The proposal became public on Friday, as part of the company’s regulatory filings….
As China continues to grow its electric vehicle (EV) industry, it has expanded to several new markets in recent years, opening multiple production and assembly plants across Latin America. Chinese EV companies now offer a wide variety of EV models at competitive prices, making them well-suited to the Latin American market, with a growing uptake…
UPDATE: As the effects of the Trump administration tariffs ripple through different industries, automaker Audi is reportedly considering building a “twin” plant in Chattanooga, according to German business journal Handelsblatt. Volkswagen Chattanooga is said to be the favored location, since the current facility has been operational for more than 13 years and could reduce the…
New Delhi: Sajjan Jindal-led JSW Group has set up a dedicated automotive vertical-JSW Motors. This will be an umbrella platform under which the group will launch passenger cars focussed on new energy vehicles at an investment of up to $3 billion over the next five years with launches set to begin in the second half…
New Delhi, India – Tesla is finally cruising in India, the world’s third-largest car market, with the launch of its Model Y. The rollout marks the culmination of a decade-long, topsy-turvy journey. Showcased at its new showroom in Mumbai, India’s financial capital, on Tuesday, Tesla’s Model Y is now on sale for about $70,000, a…