Musk Debuts $70,000 Tesla in India to Boost Market
Digest more
VW Group China boss Ralf Brandstätter says he's willing to sacrifice market share during the price war to protect the equity of his company's car brands.
Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.
In a nation where the average salary is around $4,200 a year, the all-electric carmaker is launching a $70,000 vehicle. The question is why.
The Wall Street Journal, citing people familiar with the situation, on Tuesday reported that Troy Jones, who on his LinkedIn page is described as a vice president of sales and service in North America, has left Tesla after a 15-year run with the EV maker. Tesla did not respond to a request for comment in time for publication.
Beyond Tesla and Waymo, the real winners in autonomous vehicles could be the semiconductor, sensor, and software companies.
9hon MSN
Experts told CNBC that Tesla will compete in the premium segment of the market with the likes of BMW, rather than with local EVs like those from Tata Motors.
Tesla entered India's market for the first time on Monday, making its Model Y SUV available and opening its first showroom in the nation.
6hon MSN
According to the Tesla's website, Model Y will be introduced in two versions, including Rear-Wheel Drive and Long Range Rear-Wheel Drive.
When Tesla first hit the market in 2008, CEO Elon Musk didn't just introduce a new car to the world, he changed the industry by redefining what a car could be. While not everyone was on board