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Musk told a Twitter user that the company is “doing everything we can” to drop the Model 3 base price to $35,000, without credits. “It’s a super hard grind,” he wrote.

Second time: Tesla cuts Model 3 price again

Tesla delivered fewer-than-expected Model 3 sedans in the fourth quarter.

07 Feb 2019 10:01 AM

Tesla’s vice president of finance, will replace Ahuja, who is about 56 years old.(AP Photo/David Zalubowski, File)

Tesla CFO leaves as automaker promises profits and cheaper cars

The departure of Deepak Ahuja as well as missing Wall Street profit targets for the end of 2018, sent Tesla shares down.

31 Jan 2019 10:42 AM

Volkswagen AG and Ford Motor Co said on Tuesday they would join forces on commercial vans and pickups.

Industry must rein in spend on electric, self-driving cars: Magna CEO

Over the next decade, vehicle and parts suppliers plan to spend $300 billion to bring electric cars to the mass market.

16 Jan 2019 9:52 AM

Tesla, which called the Model 3’s computer “the brain of the vehicle,” added that “choosing any other supplier would have delayed the (Model 3) program by 18 months with clean room setup, line validation, and staff training.”

Tesla urges tariff exemption for Chinese-made car computer 'brain'

Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer “brain” of its new Model 3.

05 Jan 2019 9:34 AM

The sales figures consolidate Norway’s global lead in electric car sales per capita. (The Local Norway)

Norway's electric cars zip to new record: almost a third of all sales

The independent Norwegian Road Federation (NRF) said on Wednesday that electric cars rose to 31.2 percent of all sales last year.

04 Jan 2019 6:00 PM

Elon Musk, who has often set goals and deadlines that Tesla has failed to meet, surprised investors by delivering on his pledge to make Tesla profitable in the third quarter, for only the third time in its 15-year existence.

Tesla cuts US prices on all vehicles, shares drop

Musk has been under intense pressure to deliver on his promise of stabilizing production for the Model 3.

03 Jan 2019 8:33 AM

The electric carmaker planned a production ramp of 7,000 Model SUVs a week at the plant in Nevada by December 2020, and 5,000 Model Ys a week at its China Gigafactory by February 2021, the website said here, citing documents sent to staff before Tesla's earnings call in October.

Tesla changes plans to start Model Y production

Tesla Inc had plans to build its pilot small electric SUV Model Y at Gigafactory 1 by June 1, 2020.

04 Dec 2018 10:03 AM

Despite the electric carmaker achieving its target for the sedan, the company still needs to demonstrate if it could sustain that level.

Tesla achieves Model 3 production of 1,000 cars per day: Electrek

The car was introduced to the public in early 2016 amid great fanfare.

01 Dec 2018 9:50 AM

Tesla had earlier said that orders placed by Oct. 15 will be delivered by the end of the year.

Tesla to deliver new Model 3 orders by year end

Tesla just acquired trucking capacity to ensure Model 3 can be delivered in US by Dec 31.

16 Nov 2018 10:21 AM

The November 16 strategy meeting will discuss Volkswagen’s transformation plan to shift from being Europe’s largest maker of combustion engine vehicles into a mass producer of electric cars. (Photo: DC)

Volkswagen plans to sell electric Tesla rival for less than USD 23,000

VW and other carmakers are struggling to adapt quickly enough to stringent rules introduced.

09 Nov 2018 7:53 AM

Dyson said on Tuesday the decision was based on supply chains, access to markets and the availability of expertise, which offset the cost factor.

Why did Dyson pick Singapore to build its electric car?

The land-starved city state has some of the highest average salaries in the world.

26 Oct 2018 10:58 AM

“The decision of where to make our car is complex, based on supply chains, access to markets, and the availability of the expertise that will help us achieve our ambitions,” Dyson Chief Executive Jim Rowan said after Singapore was chosen on Tuesday.

Dyson chooses Singapore over Britain to build electric car

Dyson said they had been secretly working for more than two years on a USD 2.6 billion project to build an electric car.

24 Oct 2018 11:02 AM

The new version has a delivery period of six to 10 weeks, according to the website, which would customers eligible for the current $7,500 US tax credit if they take delivery by the end of the year. The tax credit for Tesla cars will drop by half on Jan. 1.

Tesla launches new $45,000 Model 3

The rear-wheel-drive model has a “mid range” battery, a range of 260 miles

19 Oct 2018 9:34 AM

Japanese carmaker Toyota's luxury vehicle arm, Lexus, on Monday launched all-new version of its hybrid electric car, ES 300h in India priced at Rs 59.13 lakh (ex-showroom all India).

Lexus launches all-new version of hybrid electric car ES 300h in India

The seventh generation ES 300h is powered by a 2.5 little petrol engine coupled with Lexus' fourth generation hybrid system.

10 Sep 2018 2:57 PM

Jaguar gave no details on prices for the cars. (Photo: Pixabay)

Jaguar Land Rover approves production of electric E-type

Jaguar Classic, a unit of the UK-based automaker which restores vintage Jaguar cars, will convert the vehicles to electric power.

24 Aug 2018 9:37 AM

The Tesla Inc Model 3 sedan is the most profitable electric car in the automotive industry, according to the head of a top automotive consultant. (Photo: AP)

Tesla Model 3 is most profitable electric car, says consultant

Munro had been critical of the car’s fit and finish but praised its handling on the road.

18 Jul 2018 4:53 PM

Tesla is pushing to increase production of the Model 3.

Tesla Model 3 is most profitable electric car

The car generates net profit margins in excess of 30 per cent.

18 Jul 2018 8:53 AM

The government is mulling over giving target to state public transporters to deploy certain percentage of electric vehicles in their new orders, while it will refrain from coming out with a policy on electric vehicles, a top Niti Aayog official said.

Niti Aayog to set electric vehicle target for state public transporters

The government wants to encourage indigenous production of electric vehicles.

08 Jul 2018 11:01 AM

VW is seeking to move on from its diesel emissions scandal of 2015, the repercussions of which are still being felt across the German car industry, and focus on greener technologies.

VW's electric vehicles to debut car sharing services soon

Volkswagen said the new carsharing service would be expanded.

05 Jul 2018 1:02 PM

Bloomberg had earlier reported that Field was taking a break from the electric car maker.

Tesla engineering head, Doug Field, takes break from company

He is taking a break from work but is not leaving the company.

12 May 2018 9:23 AM

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Dilip Cherian