Tesla has lowered the cost of its cars manufactured in Shanghai by as much as 6% in an effort to hold onto its top spot in the premium sector of the biggest electric vehicle (EV) market in the world.

Tesla decides to cut model prices in China

Get ready for the electric revolution in India. In the latest, Tesla is tying India with ambitious plans to set up a cutting edge factory - the goal is to produce an all-new affordable electric vehicle priced at just $24,000.

Elon Musk's Tesla to enter India soon?

Tesla revs up India manufacturing plans

Closing arguments are set to begin on Tuesday in the first US. Trial over allegations that Tesla's autopilot driver assistant feature led to a fatal crash. This high-stakes case in a california state court has witnessed startling testimony, including allegations that Tesla asked an employee to keep autopilot's details hidden from the public. The case revolves around a 2019 incident in which a Tesla model 3 veered off a highway, struck a palm tree, and burst into flames. The crash tragically claimed a life and seriously injured two passengers, including an 8-year-old boy who suffered severe injuries.

Autopilot on trial: Closing arguments set to define the verdict

Electric Vehicle giant Tesla is in the hot seat as the US justice department intensifies its investigation, looking closely at Tesla's autopilot system, vehicle driving range, and more.

US justice department probes Tesla's autopilot & range

In order to resolve a lawsuit brought by the shareholders, the directors of Tesla will pay back $735 million to the business, which is equal to the value of 3.1 million Tesla stock options. Additionally, Tesla directors have agreed that they will not be paid in 2021, 2022, or 2023 while the board also changes how remuneration is decided.

Tesla will pay $735 million to settle a lawsuit filed by shareholders

Tesla announced their record-breaking vehicle delivery for the second quarter the electric car manufacturer led by billionaire Elon Musk managed to exceed the market estimates thanks to price cuts and U.S federal credits that meet their electric vehicles more affordable in the period from April to June Tesla delivered more than four 66 000 Vehicles which is a 10 percent increase from the previous quarter and an impressive 83 surge as compared to the same period last year. Watch the video to know more.

Tesla speeds ahead: Record deliveries in Quarter 2 |

Tesla is allegedly being accused of violating the privacy of its consumers by sharing films and pictures taken by the cameras in Tesla cars, leading to the possibility of a class-action lawsuit. The lawsuit was filed last week, one day after Reuters revealed that between 2019 and 2022, Tesla personnel shared privately on the company's messaging platforms occasionally highly intrusive footage and photographs taken by consumers' car cameras.

Tesla face class-action lawsuit for privacy breach

Tesla is set to expand its presence in China with a new Factory in Shanghai which will be capable of producing 10 000 Mega packs of Energy Products. Annually the new plant will supplement the California mega pack Factory and also take advantage of China's world-leading battery supply chain. Tesla CEO Elon Musk aims to meet the rising Global demand for renewable energy storage with lower cost through increased output production is set to begin in the quarter 2024 following groundbreaking in quarter 3 2023. The new Mega path Factory adds to Tesla's existing footprint in China which includes EV production and a plan expansion of its most productive Auto plant

Tesla to build EV megapack facility in China

Tesla reported a record quarterly vehicle delivers on Sunday shipping nearly 420 000 cars in the first three months of this year. But quarter on quarter sales growth of a four percent from the previous quarter was modest at best the company's price cuts have yet to result in the level of acceleration that Co Elon Musk had hoped for and their concerns that eroding margins May harm investors. CEO Elon Musk predicted in January that Tesla would ship 2 million Vehicles this year a 52 jump from last year still Tesla Shares are up over 90 percent in 2023.

Tesla's shares are up over 90% in 2023 so far

How does one read Elon Musk? The billionaire mocks specially-abled ex-employees, Musk's Tesla cars raise serious safety concerns, some of his business decisions (read: Twitter acquisition) make little sense, and yet Musk's brand value and the valuation of his companies remain sky high. What gives? Listen in to @VikramChandra

What explains the sky-high valuation of Tesla and brand Elon Musk?

Will Tesla turn into the universal EV 'filling station'?

A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from US safety regulators.

World Business Watch: Musk tweet about disabling driver monitoring in Tesla being probed

South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc for failing to tell its customers about the shorter driving range of its electric vehicles (EVs).

World Business Watch: Tesla fined $2.2 mln for exaggerating driving range of EVs

South Korea's antitrust regular fined Tesla 2.85 billion won ($2.2 million) for false advertising, saying the company overstated the range of its cars in cold weather.

Tesla has been slapped with a $2 million fine in South Korea

Tesla shares continued to fall Tuesday amid investor concerns about a manufacturing slowdown at the electric car maker's factory in China.

World Business Watch: Tesla shares drop 11.4 percent as demand worries persist in China

The electric car-making company Tesla has recalled another set of vehicles in the United States after over 300,000 vehicles were reported to be facing tail light issues.

Tesla recalls over 300,000 vehicles in US over taillight software glitch

Tesla will assist Chinese authorities in investigating a Tesla Model Y crash in China, which killed two and injured three

WION Business News: Tesla to assist police probe into fatal crash that killed two

Analysts predict next 12 months could be most lucrative for Tesla CEO Elon Musk

The electric vehicle market leader Tesla has announced that it has opened a new dealership in Urumqi, which is the capital of Xinjiang in China. American activists are appealing to Tesla to cease what they call economic support for genocide.

Tesla inc opens new showroom in China's Xinjiang region

JPMorgan Chase & Co on Monday sued Tesla for $162.2 million, accusing Elon Musk's electric car company of "flagrantly" breaching a contract related to stock warrants after its share price soared.

JP Morgan sues EV maker for $162 MN over warrants

Tesla shares are under pressure, the electric car maker has been poorly performing on the stock market since the day its CEO Musk announced the selling of his shares after concluding a poll on Twitter.

Tesla Shares continue to dip after Elon Musk's tweet

The price of bitcoin fell about 5 percent to $51,847 after Musk’s comments on Twitter. Tesla’s stock finished Wednesday down 4.4 percent.

Tesla suspends vehicle purchases using Bitcoin

Tesla's bad week in China was months in making

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