The announcement came amid reports that #Tesla was discussing an investment proposal to make about half a million electric vehicles annually at a local factory.

Read here: https://www.livemint.com/news/india/no-tax-waiver-for-tesla-says-official-as-elon-musk-led-company-mulls-manufacture-of-500-000-evs-in-india-11689263304178.html

#ElonMusk's #Tesla India Motor & Energy Pvt Ltd has rented office space in Pune's Panchshil Business Park in Viman Nagar.

Earlier last week, a delegation of Tesla executives had met the commerce and industry minister to discuss incentives and benefits for selling its electric cars in India.

Read here: https://www.livemint.com/companies/news/elon-musks-tesla-signs-5-year-lease-agreement-for-office-space-in-pune-details-here-11691023665718.html

#VaibhavTaneja, who is currently serving as the Chief Accounting Officer will take the CFO position as an additional responsibility. He will replace Zachary Kirkhorn who completes his 13-year stint with #Tesla.

Read here: https://www.livemint.com/companies/people/tesla-appoints-india-origin-vaibhav-taneja-as-its-cfo-11691420528444.html

#Tesla CEO #ElonMusk shared the images of him riding the production version of the company's much-awaited ‘#cybertruck’ at the Gigafactory in Austin, Texas.

Sharing the update on X, Musk wrote, “Just drove the production candidate Cybertruck at Tesla Giga Texas!"

Read here: https://www.livemint.com/news/world/elon-musk-shows-off-production-version-of-tesla-cybertruck-says-best-product-ever-11692862098256.html

Electric vehicle maker #Tesla Inc plans to source components worth $1.7-$1.9 billion from India and has already sourced parts worth $1 billion, India's trade minister #PiyushGoyal said at an auto conference.

Read here: https://www.livemint.com/companies/news/tesla-plans-to-source-parts-worth-1-7-1-9-billion-from-india-piyush-goyal-11694603449515.html

#ElonMusk’s fortune slumped by $16.7 billion Thursday after #Tesla Inc.’s weak third-quarter earnings weighed on shares.

Musk, who is the richest person on the planet with a fortune of $209 billion, owns 13% of Tesla and derives the majority of his wealth from the auto company. Tesla’s shares fell by 9.3% after it missed both earnings and sales expectations for the quarter.

Read here: https://www.read.ht/Qg8R

#Tesla is all set to enter India with its manufacturing plant in Gujarat. The negotiation for the establishment of the first manufacturing unit of the EV maker in India has reached its final leg & is likely to conclude soon, according to media reports

Read more: https://www.read.ht/R6dO

Farmers clash with cops in Delhi march | #Tesla seeks Indian partner for rooftop solar panel venture | Malaysia’s Gentari bags Fortum India solar projects

Read today's Mint e-paper here: https://epaper.livemint.com

Global automaker #Tesla is on the lookout for a local partner to establish its operations in India, according to a report by The Hindu Businessline on April 9.

According to sources within the electric vehicle major, the company is in talks with Reliance Industries to form a joint venture to set up a manufacturing facility in the country.

Read here: https://www.read.ht/S2lt

Elon Musk's #Tesla has signed a strategic agreement with Tata Electronics to source semiconductor chips for its global operations, in a move aimed at expanding in the Indian market, The Economic Times reported on April 15.

Read here: https://www.read.ht/S5bh

#Tesla India journey moves in slow lane | Auto is turning into the next #BFSI for India’s IT services | India wants to vet diamonds locally, not in Belgium

Read today's Mint e-paper here: https://epaper.livemint.com

#Tesla, Inc. is preparing to lay off 693 workers at its Sparks, Nevada location, according to a government filing on April 27.

The downsizing effort represents more than 10% of its total workforce around the world & comes in response to declining sales and increased competition within the electric vehicle market.

Read here: https://www.read.ht/SamJ

In a fresh round of job cuts, #Tesla CEO #ElonMusk laid off two senior executives and would fire hundreds more employees at the electric vehicle maker amid declining sales, as per reports.

Read here: https://www.read.ht/Saoy

#Tesla, has initiated a significant reduction in its workforce," tech publication Electrek reported on May 6.
The #layoffs impact the software, service, and engineering departments, signaling a major shift in the company's operational strategy.

Read here: https://www.read.ht/SatY

Elon Musk's #Tesla reportedly laid off nearly 16,000 employees, amounting to more than 10 per cent of its global workforce.

The #layoff has affected many Indian and Chinese employees who are now grappling with the tight #H1B visa deadline.

https://www.livemint.com/news/trends/tesla-lays-off-over-16-000-employees-many-face-h-1b-visa-deadline-elon-musk-indians-11715083884967.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

#Tesla and #SpaceX CEO #ElonMusk visited Indonesia on Sunday to launch the #Starlink satellite internet service in the island nation.

His recent visit to the archipelago will likely pave the way for a trip to #SriLanka, as the tech billionaire was spotted exploring opportunities for Starlink services with Sri Lanka's President #RanilWickremesinghe.

Read here: https://www.read.ht/SbCU

Showing support for #Tesla CEO #ElonMusk, a majority of the EV automaker's investors voted in favour of the tech billionaire's historic $56 billion pay package — the biggest in American corporate history ⬇️

Read here: https://www.read.ht/SbQT

#Tesla investors have supported Chief Executive Officer #ElonMusk’s historic $56 billion pay package.

If the tech billionaire was an Indian company, he would have been ranked the fifth largest on the list of major corporations in India by revenue.

Read here: https://www.read.ht/SbSA

Here's a compilation of interesting numbers that matter!

Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#Tesla #DonaldTrump #JoeBiden #Phrama #DMart #GST

#Tesla CEO #ElonMusk said that he had faced two assassination attempts in the past eight months.

The revelation came a day after former US President #DonaldTrump survived an ‘assassination’ attempt when he was shot at a rally in #Pennsylvania on Sunday.

Read here: https://www.read.ht/Sb7h