Politicians from at least four Indian states took to Twitter to invite Tesla Inc. to set up shop in their provinces, just days after billionaire founder Elon Musk said the U.S. electric-vehicle pioneer was still facing a lot of challenges with the national government. The pitches, tweeted over the weekend, touted everything from infrastructure, sustainability […]
Sidhu invites Elon Musk to Punjab, aims to make Ludhiana electric vehicle hub – EQ Mag Pro
According to Sidhu, this will, in turn, bring new technology to Punjab and “create green jobs”, staying at the same time on the path of environment preservation and sustainable development. Punjab Congress chief Navjot Singh Sidhu on Sunday invited American entrepreneur Elon Musk, also the founder and CEO of electric car major Tesla, to Punjab, […]
Elon Musk has strong views on hydrogen. Not everyone agrees – EQ Mag Pro
Electric vehicles have batteries that need to be charged by plugging the vehicle into a charging point, whereas fuel cell vehicles utilize hydrogen gas and “generate their electricity onboard.” Firms including Toyota and Hyundai have produced hydrogen fuel cell vehicles, while smaller manufacturers such as Riversimple are also working on hydrogen-powered cars. Tesla CEO Elon […]
This is how Elon Musk responds to General Motors CEO’s EV leader comment – EQ Mag Pro
GM CEO Mary Barra said that her company is not going to cede its leadership position to anyone Tesla is certainly the pole position holder when it comes to the US electric vehicle market. The US-based EV manufacturer owns a sizeable chunk of the global electric car market as well. As most of us simply […]
Elon Musk joins VW executive conference as ‘surprise guest’
Elon Musk made a surprise appearance at a Volkswagen AG conference, addressing 200 executives of one of his biggest competitors about the German company’s pivot to electric vehicles, his management style, and supply chain and production issues. In a rare move by a corporate titan addressing a competitor, Tesla Inc.’s chief executive officer spoke in […]
Tesla’s Next Electric Vehicle to Get Rid of the Steering Wheel – EQ Mag Pro
The CEO hinted that it might not even be equipped with a steering wheel, reports electrek.co Tech billionaire Elon Musk has reportedly told Tesla employees that the automaker is planning to unveil its previously announced $25,000 electric car in 2023. Musk earlier noted that this new price point is achieved through Tesla’s new battery cell […]
Policy Stability Key For Local Capability – EQ Mag Pro
High-profile CEO Elon Musk wants India to slash import duties on cars to make it viable for him to launch Tesla electric vehicles (EVs) here. Import duties in India are generally high, particularly on cars. Ideally, these should be reduced. However, the current duty structure was put in place as part of a policy to […]
Why Ola’s Bhavish Aggarwal ‘Strongly Disagrees’ With Elon Musk On EV Import Duty
The Hyundai Motor India MD also said that lower duties in India will help ‘grow the EV market’ Reacting to this, Ola CEO Aggarwal said, ‘Let’s have confidence in our ability to build indigenously and also attract global OEMs to build in India, not just import’ Any duty rate cut by the Centre on imported […]
Elon Musk Expects At Least ‘Temporary Relief’ For EVs in India in Terms of Import Duty Relaxation
Currently, India imposes 100 per cent import duty on fully imported cars with CIF (Cost, Insurance and Freight) value more than USD 40,000 and 60 per cent on those costing less than the amount. American electric vehicle maker Tesla may set up manufacturing unit in India if it first succeeds with imported vehicles in the […]
Tesla Will ‘Most Likely’ Restart Accepting Bitcoin As Payments, Says Musk
Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, Chief Executive Officer Elon Musk said at a conference on Wednesday. Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments once it conducts due […]
