US-based electric vehicle maker Tesla is targeting to buy components worth USD 1.9 billion from India this year. Last year, the company bought components worth USD 1 billion from India, said Commerce and Industry Minister Piyush Goyal on Wednesday. Goyal was speaking at the 63rd Annual Session of the Automobile Component Manufacturers Association of India […]
Tesla cut prices on its entire US electric vehicle model lineup for the third time this year in an apparent effort to lure more buyers amid rising interest rates, Asia Nikkei reported. The largest of the cuts that appeared Friday on Tesla’s website were $ 5,000 per vehicle for the company’s slower-selling more expensive models, […]
Tesla reported a modest 4 per cent rise in sales in the first quarter (January-March) compared to the final three months of last year, CNN Business said. This is despite a series of price cuts on its lower priced vehicles and talk by Chief Executive Officer Elon Musk about strong demand at those lower prices, […]
