Elon Musk Sold A Huge Chunk Of Shares In EV Business
Tesla CEO Elon Musk sold about 22 million shares of his electric vehicle business, which was worth around $3.6 billion, according to the financial filing out on Wednesday. The transaction took place between Monday and Wednesday, according to the filings with the Securities and Exchange Commission. Earlier this month, Elon stated that he had no…
Tata Motors Receives Rs. 3750 Crore As TPG Rise Investment 
On March 30, Tata Group’s automobile manufacturing subsidiary, Tata Motors, said that the company has received Rs.3750 crore as the first allotment of investment from TPG Rise Climate, a private equity fund provider that focuses on climate sub-sectors. Last year, TPG Rise signed an agreement to mortgage an investment of Rs.7500 crore in Tata Motors…
Two EV Caught Fire In Pune: Investigation Launches
Ola S1 Pro, an electric scooter, caught fire in Lohegaon, Pune; the video went viral on the internet. The Ola themselves has launched an investigation to find the reason for the fire. However, now the government has also launched an investigation to find the root cause of the fire. The investigation has been ordered by…