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

Billionaire Elon Musk is looking to expand his investment in China even as Washington remains embroiled in a bitter diplomatic tussle with Beijing. Tesla will be building a new battery factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday.

Amid US-China tensions, Musk's Tesla to build battery factory in Shanghai

Here, we bring you the news that is trending across WION's social media platforms - During the first formal state iftar on Friday, Ukraine President Volodymyr Zelensky denounced Russia's treatment of the Muslim minority Tatar community in Crimea under its rule and vowed to retake the peninsula from Russia. Tesla workers share sensitive images recorded by customer cars.

Zelensky hosts Ukraine's first state iftar; Tesla workers share sensitive images

Accusing it of violating customers' privacy, a California Tesla owner sued the electric vehicle manufacturer on Friday, as per reports. Tesla which is known for its innovation in electric vehicle technology now faces a class action lawsuit.

Tesla sued by California man after employees shared intrusive videos taken by car cameras

In an effort to increase demand, Elon Musk's electric car company, Tesla, has lowered prices by two to six percent for the fifth time this year. However, experts warn that this discount drive could harm company profitability pricing.

New price cuts by EV-maker Tesla to boost demand

Tesla Inc assures its millions of electric car owners that their privacy “is and will always be enormously important to us.” The cameras it builds into vehicles to assist driving, it notes on its website, are “designed from the ground up to protect your privacy.

Tesla workers shared sensitive images, videos captured by cameras of customers’ cars: Report

Elon Musk-owned Tesla is offering bumper discounts. For the fifth time since January, the electric vehicle maker has slashed the prices between two per cent and nearly six per cent.

Tesla slashes car prices in US for fifth time since start of year to spur demand

Reuters interviewed nine anonymous former employees who said video footage and images captured by Tesla cameras were widely shared by employees through Tesla's messaging platform from 2019 to 2022. This included visuals of people's garages and even footage of a speeding Tesla hitting a child on a bike, which spread "like wildfire" said one former employee.

Tesla workers shared private footage captured by the car's cameras, ex-employees say

Elon Musk is no longer the richest man, according to the latest Forbes annual billionaire list. Louis Vuitton's Arnault has now taken the top spot with a net worth of $211 billion. According to Forbes, Arnault had a banner year in 2022.

Elon Musk loses world's richest crown after Tesla shares fall 50% | World Business News | WION

A San Francisco jury on Monday ordered Tesla to pay a Black former employee nearly $3.2 million for turning a blind eye to racism at the electric car maker's Silicon Valley plant.

Jury orders Tesla to pay former worker in racism case

Tesla has been asked to pay nearly $3.2 million on Monday (April 3) in a racial discrimination case, which was brought to the court by a former Black employee. Owen Diaz worked at the assembly plant in Fremont and sued the company for violating a California law that prohibits employers from failing to address hostile work environments.

San Francisco jury orders Tesla to pay former worker nearly $3.2mn in racism case

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

Elon Musk broke federal labour law by tweeting that Tesla workers would lose stock options if they joined a union, ruled a US appeals court. The 5th US Circuit Court of Appeals judges in New Orleans over Musk's 2018 tweet said that it constituted an unlawful threat that would deter unionisation and ordered Musk to remove it.

Musk violated labour law by tweeting Tesla workers would lose stock options if they joined union: Court

Billionaire mogul Elon Musk and a range of experts called on Wednesday for a pause in the development of powerful artificial intelligence (AI) systems to allow time to make sure they are safe.

Elon Musk among experts urging a halt to AI training

Billionaire Elon Musk's Tesla has embarked on a strategy that has triggered a price war among the electric carmakers in the hyper-competitive Chinese market. The company has slashed prices of its cars, up to 50 per cent, that has forced other companies to take similar steps in order to stay competitive.

Tesla’s 50 per cent price slash creates ‘havoc’ in Chinese electric car market: Report

Tesla Inc. triggered a price war in China that’s poised to reshape the world’s biggest car market, with hefty discounts threatening to drive some automakers out of business.

Tesla's 50% discount in China creates 'havoc' in the market

Shareholders have alleged in the proposed class-action lawsuit that Tesla defrauded them over four years with false and misleading statements that concealed how its technologies – suspected as a possible cause of multiple fatal crashes – “created a serious risk of accident and injury”.

Tesla Troubles: Overpromised and undelivered

A former Tesla Inc employee has made shocking revelations about the working conditions at Elon Musk's electric car company. Benjamen Simon, a former regional service manager, has alleged that even amid a heatwave as temperatures reached "dangerous" levels, the billionaire was "too cheap" to install air conditioning.

Is Elon Musk running ‘sweatshops’? Former manager claims Tesla refused to install AC for workers

The definition of ‘utopia’ is different for different people. When you're rich you don't need to look for it, you can just make your own utopia. This is what billionaire Elon Musk is doing.

Explained | Twitter CEO Elon Musk is building his own utopian town. Here’s all you need to know

Is he for real? Indeed, no one really knows because Elon Musk frequently tweets 'bombshells' that indicate outlandish ideas. What then did the CEO of Tesla do this time?

For real? Tesla CEO Elon Musk teases buying collapsed Silicon Valley Bank

Tesla has been criticised on various occasions for overstating the effectiveness and safety of its electric vehicles. Once again, US safety regulators are turning up the heat on Tesla. Here's more

What's wrong with Tesla cars?

There is a common assumption that young people are good with technology. After all, they have grown up in a digital world. But, that's not entirely true. It's been found that young people are struggling with various technologies at their workplace. Sounds strange? We will tell you more about it in this story.

Gen Z battles 'Tech Shame' at work

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?

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