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Electric vehicle maker Tesla has settled a racist discrimination lawsuit in which a federal jury previously awarded $3.2 million in damages to Owen Diaz, a Black man who worked as an elevator operator at its Fremont, California factory in 2015.
BENGALURU -- The Indian government on Friday announced lower import tariffs on electric vehicles for carmakers willing to eventually begin local production, a move that could attract global companies like Tesla but intensify competition for incumbents like Tata Motors and the Mahindra group.
BEIJING — Chinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May.
DETROIT — The buzz around electric vehicles is wearing off.
Elon Musk on Wednesday visited the Tesla Gigafactory near Berlin, which was forced to halt production last week after losing power during a suspected arson attack.
OpenAI has challenged a foundational claim Tesla CEO Elon Musk made in the lawsuit he filed against the startup earlier this month.
Wegovy obesity drug maker Novo Nordisk surpassed Tesla in market value, after fresh early trial data showed positive results for its new experimental weight loss pill.
MUMBAI -- As foreign and domestic players scramble to grab a piece of India's emerging EV market in the absence of Tesla and BYD, steel and energy conglomerate JSW Group plans to invest 400 billion rupees ($4.8 billion) to build a vehicle and battery factory.