Tesla at long last has launched in India with the opening of a showroom this week in Mumbai, the smog-infested country’s economic capital. It’s a move that’s been years in the making. Fans are hailing it a game changer since it opens the EV brand up to the world’s third largest car market by absolute…
Rifle through Turkey’s car sales report for January and in the column next to Tesla’s name, you’ll find a big, fat zero. A lot has since changed. This June, Turkey nearly eclipsed the UK as the brand’s third-largest market in the world for the month. Tesla sold over 7,200 vehicles in the Eurasian country, within striking distance of the…
Tesla celebrated a historic first on Friday when a new Model Y left the factory in Austin and—without anyone in the vehicle—drove itself to a waiting customer a half-hour away. Already the second milestone this week after the commercial deployment of his robotaxi service, it marks an early birthday present for CEO Elon Musk. The entrepreneur had promised…
When Elon Musk first launched a bid to acquire Twitter three years ago, a move many of his supporters would grow to oppose, the entrepreneur’s most trusted lieutenant at Tesla quickly chimed in to offer his unconditional support. “Thank you for what you’re doing. We all love you and are always behind you!” Omead Afshar…
Tesla CEO Elon Musk imports at least 20% of the value of each of his U.S.-built vehicles from Mexico. These parts are now subject to steep import duties following Wednesday’s tariff announcement by the president. Brendan Smialowski—AFP via Getty Images Source link
Good morning! Meta’s elimination of fact-checking opens the door to misogynistic speech, Jane Fraser faces a test at Citi, and Fortune’s Alexa Mikhail reports on Thrive Global’s innovative partnership in the health care space. – Healthy habits. Arianna Huffington’s Thrive Global aims to help people build healthy habits. Today, the company announced a partnership with…
The exceptional stock market performance of the past ten years could be replaced by a decade of markedly lower returns, according to Goldman Sachs. During the next ten years, the S&P 500 (which reflects the broader market) could yield a nominal annualized return of 3%, analysts at the investment bank predicted in a note from…