Tesla’s Sales in India Declined to 40 Units in October
Tesla, a US-based electric vehicle manufacturer, currently offers only the Model Y SUV in India. In July, Tesla opened its first showroom in India, where sales dropped to 40 units in October, bringing the cumulative total to 104 units, having delivered 64 units in September. According to the industry body Federation of Automobile Dealers Associations…
Himanshu
How Disruption Becomes a Competitive Advantage
On a chilly morning in 2018, a group of engineers at a legacy car company gathered anxiously around a large screen. On it played a livestream from California. Elon Musk was unveiling the Tesla Roadster, an electric sports car claiming 0 to 60 mph in 1.9 seconds, faster than anything they had ever built. Silence…
Shipra Prajapati
Tesla Launches Its First India Hub in Mumbai on July 15
Tesla entered the Indian market with the launch of its first showroom at Mumbai’s Bandra Kurla Complex on July 15, backed by a $1 million investment as stated by Reuters. Tesla announced that the event will mark its official entry into India with the inauguration of a Tesla Experience Centre at Mumbai’s Bandra Kurla Complex…..
U.S. Seeks Tariff-Free Car Trade After Tesla Enters India
American automotive electric vehicle company Tesla will enter the Indian market soon. The company is to open its two showrooms in Mumbai and Delhi. Regarding this, the United States wants India to reduce the tariff on car imports as a part of a potential trade agreement between the two countries. However, India disagrees with eliminating…
Ranveer Allahbadia’s YouTube Channel Hacked, Videos Deleted
India’s popular podcaster and YouTub content creator Ranveer Allahbadia’s YouTube channels, including Beer Biceps, were hacked last night and renamed Tesla. His Beer Biceps was renamed “@Elon.trump.tesla_live2024,” while his personal channel was changed to “@Tesla.event.trump_2024.” All the interviews and podcasts have been deleted from the YouTube channels, and new videos with older streams from Elon…
Bhumika
Major Companies Firing Employees: What You Need To Know
Since the beginning of 2024, major companies have been announcing large-scale layoffs. These layoffs have been caused by economic downturns, company restructuring, mergers, shifts in business strategies, etc. Tata Steel UK Layoffs Tata Steel UK, a subsidiary of Tata Group, is firing around 2,500 employees. The CEO, T V Narendran, said, “The loss of the…
Global Tech Recap: Top Tech News This WeekÂ
The tech landscape worldwide changes daily, and staying updated with it has become extremely important. This tech recap will help you understand the latest developments in tech business worldwide. 1. Elon Musk Pospones His Much-Anticipated India Visit The CEO of Tesla and SpaceX, Elon Musk, was scheduled to visit India on the 21st and 22nd…
ABHYUDAYA MITTAL
Byju No Longer A Billionaire, Net Worth Falls To Zero
Recently, Forbes released its latest Billionaire Index 2024, revealing that Byju’s Raveendran’s net worth has plummeted to a big fat zero. Raveendran’s net worth a year ago stood at Rs. 17,545 crore, and he was featured on the ‘World Richest List’ of numerous prestigious magazines, but the recent hardships he faced have drowned his net…
India’s Import Tax Cuts Present An Opportunity For Tesla
Last Friday, the Indian government announced that it would cut the import tax on vehicles, which is exactly what electric car manufacturers like Tesla and other competitors are looking for to get their foot set in the third-largest car market in the world. For years now, the import tax in India has been very hefty….
Bernard Arnault Takes Top Spot As World’s Richest Person
Bernard Arnault, the owner, chairman and CEO of French luxury goods brand LVMH, has now overtaken Elon Musk as the richest man in the world. According to Forbes Magazine, Bernard Arnault has accumulated a net worth of $207.4 billion after shares of his company soared, accounting for a $23.6 billion increase in his net worth….
