Tesla shares gain after Model Y price hike in U.S., Europe
Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the United States.
Tesla asian news
China's BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe
In the race against Tesla for the global electric car market, Chinese automaker BYD is pushing hard overseas despite rising barriers to the U.S. market.
Elon Musk suggests his prescription ketamine use is good for investors
In a new interview, Elon Musk said prescription ketamine has been helpful in treating his occasional depressive episodes and suggested that taking the drug has been beneficial for investors in his companies.
'Find growth': Strategist tells investors not to worry about high stock valuations
Investors should disregard concerns over high valuations and focus on growth in what is now a "stockpicker's market," according to Matt Orton, chief market strategist at Raymond James Investment Management.
Challenges await Nippon Steel in buyout of U.S. icon
TOKYO -- At the crossroads of protectionism and geopolitics lies the complex challenge of Nippon Steel's pursuit of an American icon. While U.S. Steel's prestige has waned, leaving it in third place nationally, Nippon Steel seeks to bolster U.S. environmental policies through this acquisition. The task at hand involves deftly appealing to national sentiment and navigating intricate political currents.
How Tesla became the top-selling car company in Norway
Norway has had massive success with EV adoption — 82% of new cars sold in the country in 2023 were electric, according to the Norwegian Road Federation. This high adoption rate can be attributed to the generous subsidies the Scandinavian country has offered to electric vehicle owners as well as its investment in charging infrastructure.
Tesla to raise U.S. prices for Model Y vehicles by $1,000 on April 1
Tesla on Friday said it will increase prices for all Model Y cars in the United States by $1,000 on April 1, the automaker said on its website.
India to lower EV import tax with US$500 million investment, boosting Musk’s Tesla plans
Companies that meet these requirements will be allowed to import a limited number of EVs at a lower tax of 15 per cent on cars costing US$35,000 and above. India currently levies a tax of 70 per cent or 100 per cent on imported cars and EVs, depending on their value.