Tesla CEO Elon Musk watches as President Donald Trump talks to the media, outside the White House in Washington, D.C., March 11, 2025. Kevin Lamarque | Reuters During Elon Musk’s two months in Washington, D.C., Tesla shares have been on a precipitous decline, losing over 40% of their value. Protests and campaigns against Tesla, Musk… Continue reading Elon Musk tells Tesla employees ‘hang onto your stock,’ urges vandals to ‘stop being psycho’
Category: US Motoring Press
Elon Musk received court summons in SEC suit over failure to properly disclose Twitter stake
Tesla CEO Elon Musk looks on as US President Donald Trump speaks to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Elon Musk received a court summons last week in connection… Continue reading Elon Musk received court summons in SEC suit over failure to properly disclose Twitter stake
Tesla owners are trading in their EVs at record levels, Edmunds says
A Tesla store in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty Images As Elon Musk wraps up his second month in the White House, Tesla owners are trading in their electric vehicles at record levels, according to an analysis by national car shopping site Edmunds. The data from Edmunds published… Continue reading Tesla owners are trading in their EVs at record levels, Edmunds says
Trump floats sending Tesla attackers to El Salvador prisons as White House rallies to defend Musk
U.S. President Donald Trump and Tesla CEO Elon Musk shake hands in front of a Tesla Cybertruck, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters President Donald Trump suggested Friday that people found guilty of attacking Tesla properties could serve their sentences in El Salvador prisons, sharply ramping… Continue reading Trump floats sending Tesla attackers to El Salvador prisons as White House rallies to defend Musk
JLR’s India Manufacturing Plans Under Consideration: PB Balaji
Tata Motors continues to explore local manufacturing options for JLR in India, with ongoing discussions regarding the viability of establishing a second manufacturing base, says P.B. Balaji, the company’s Group Chief Financial Officer. While some projects have temporarily been put on hold, the company leadership affirms that localisation remains on the table, in line with… Continue reading JLR’s India Manufacturing Plans Under Consideration: PB Balaji
Accelerating the EV Revolution: How Government Policies Are Powering India’s Electric Two-Wheeler Boom
India is in its EV adoption era and consumers are shifting towards electric mobility. Two-wheelers are at the forefront of this transformation. With the support of government policies, financial aid, and a growing network of charging infrastructure is making EVs more accessible. By finding relevant solutions for affordability, convenience, and much more, India is ready… Continue reading Accelerating the EV Revolution: How Government Policies Are Powering India’s Electric Two-Wheeler Boom
Kobelco Construction Equipment India Produces 20,000th Excavator, Expands R&D Operations
Kobelco Construction Equipment India (KCEI), a subsidiary of Japan-based Kobelco Construction Machinery Co., has reached a production milestone with the rollout of its 20,000th excavator from its manufacturing facility in Sri City, Andhra Pradesh. The plant serves both domestic and international markets, reinforcing India’s role in the company’s global operations. In addition to its… Continue reading Kobelco Construction Equipment India Produces 20,000th Excavator, Expands R&D Operations
EV Insurance Demand Grows 16-Fold in Three Years, Driven by Urban Markets
The demand for electric vehicle (EV) insurance in India has grown significantly over the past three years, with a 16-fold increase in policy purchases, according to data from Policybazaar. The surge reflects a rise in EV adoption and greater awareness of insurance coverage among consumers. The share of EV car insurance policies has expanded… Continue reading EV Insurance Demand Grows 16-Fold in Three Years, Driven by Urban Markets
Bharat Mobility Auto Expo 2025: From The Eyes of a Researcher
The excitement of the holiday season, after a long tiring year of 2024, had just started to set in. With Christmas and New year around the corner and 2 weeks to approved leave in the bank, I had already started dreaming of taking on the road with my old (but not out) Café Racer. It… Continue reading Bharat Mobility Auto Expo 2025: From The Eyes of a Researcher
Mahindra to Increase SUV and Commercial Vehicle Prices by Up to 3% from April 2025
Mahindra & Mahindra has announced a price increase of up to 3% across its SUV and commercial vehicle range, effective April 2025. The company attributes the adjustment to rising input costs and higher commodity prices. The price hike will vary depending on the model and segment. Mahindra, a key player in India’s SUV and… Continue reading Mahindra to Increase SUV and Commercial Vehicle Prices by Up to 3% from April 2025