Electric Cars News

It is unclear what models Tesla would produce in the Mexican factory or when it would begin production

Musk told employees that they should not be "bothered by stock market craziness" after the company's shares fell nearly 70% this year on jitters over softening demand for electric vehicles and Musk's distraction with running Twitter.

The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.

Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.

Shailesh Chandra, President – Passenger Vehicle Business Unit handed over the electric SUV to Lalitha Chandrasekaran, the wife of N Chandrasekaran, Chairman of Tata Group.

Tesla Chief Executive Elon Musk said it was "generally wise" to avoid using margin loans on any company when there are macroeconomic risks involved, in response to a question on Twitter about the electric-vehicle maker's stock performance.

This comes in addition to a previously announced 4,000 yuan insurance subsidy, but is only applicable for customers buying a current car model and completing delivery by the end of December.

The Audi Q8 e-tron is not just a nomenclature change, but the electric SUV line-up has received many updates under the skin, and a refreshed design.