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NEW DELHI — Elon Musk's carmaker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name «Tesla Power» to promote its products, seeking damages and a permanent injunction against the company from a New Delhi judge.
Elon Musk will be pleased that his surprise jaunt to China on Sunday garnered many glowing headlines. The trip was undoubtedly equally a surprise to Indian prime minister Narendra Modi, who had been scheduled to offer Musk the red carpet on a long-arranged visit.
Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each on Friday, days after the first-quarter deliveries of the world's most valuable automaker missed market expectations.
Elon Musk has postponed his two-day visit to India. Originally scheduled to land in the country on April 21, the Tesla CEO was supposed to meet Prime Minister Narendra Modi on April 22, and discuss, among others, the USA-based electric vehicle (EV) manufacturer's plans to enter the world's third-largest car market.
As Indians start casting votes in the 44-day election that started Friday, Indian Prime Minister Narendra Modi and billionaire entrepreneur Elon Musk will meet, with reports indicating that Musk will announce an investment of $2 billion to $3 billion in the country.
In a bid to make a name for itself in the world’s third largest automotive market, Tesla has commenced production of RHD vehicles. Unlike initial speculations suggesting shipments from China, a recent report suggests Tesla intends to ship RHD vehicles to India from its manufacturing facility in Germany.
Meet social activist Virali Modi whose petition had spurred the Indian Railways into action, advocating for increased accessibility for the disabled. Enduring harassment and indignity during her train travel, 25-year-old Virali Modi bravely spoke out against being treated as mere luggage due to her wheelchair-bound condition. Her outcry has gained traction.
NEW DELHI — India on Friday lowered import taxes on certain electric vehicles produced by carmakers that commit to invest at least $500 million and start domestic manufacturing within three years, bolstering Tesla's plans for the market.