Tesla Financial News

15.11 / 16:29

Progressive CEO Software Tesla Nov innovations Renault says combining electric cars and software in one company will 'democratize' EVs for Europe

Automaker Renault is setting out ambitious goals for its new combined electric vehicle and software business, saying it will “democratize” the market for battery-powered cars in Europe by making them as affordable as gasoline- or diesel-powered models ...

15.11 / 16:17

Manufacturing Tesla President show track reports GM workers at big Texas plant approve UAW deal, boosting chances of passage

By David Shepardson

15.11 / 15:29

IPO Tesla SpaceX country reports elon Elon Musk denies Bloomberg scoop on potential Starlink IPO

Elon Musk dismissed a report that stated SpaceX is discussing spinning off Starlink via an initial public offering as soon as 2024.

15.11 / 14:27

CEO Tesla Insignia President show Tesla can bar US factory workers from wearing union t-shirts, court rules

Tesla Inc did not violate U.S. labor law by prohibiting workers at its flagship Fremont, California, assembly plant from wearing pro-union t-shirts, a federal appeals court has ruled. The New Orleans-based 5th U.S. Circuit Court of Appeals in a decision on Tuesday said that because Tesla required all employees to wear company-issued shirts while allowing them to display union stickers, its uniform policy was lawful.

15.11 / 14:13

IPO Target Manufacturing Strategy Tesla Nov Factbox-What you need to know about Ampere, Renault's EV unit

PARIS (Reuters) -French car maker Renault (EPA:RENA) is holding an investor day for its electric vehicle unit Ampere, which was carved out from Renault's other operations on Nov. 1 and is set for a market listing next year.

15.11 / 13:43

Tesla CPI surprise boosts hopes Fed hiking cycle is over

Stocks climbed while bond yields sank as an unexpected slowdown in inflation bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and the next move will be a cut in mid-2024.

15.11 / 12:15

IPO Target Manufacturing Software Tesla Nov Bill Renault’s EV Maker Ampere Sets $11 Bln Revenue Target as It Gears Up for IPO

Ampere, Renault’s electric-vehicle and software company preparing for a public listing, said it is targeting revenue of more than 10 billion euros ($10.88 billion) in 2025 while it readies to compete with less expensive cars from China and Tesla. The French car maker, which was officially carved out form its parent company on Nov. 1, said on Wednesday that it is aiming to sell around 300,000 vehicles that year.

15.11 / 12:15

Manufacturing CEO Apple Tesla President country reports elon Elon Musk and Jane Fraser are just some of the CEOs hoping to woo China's Xi

Executives from Microsoft Corp., Citigroup Inc., Exxon Mobil Corp. and other large multinationals are converging on San Francisco this week for an audience with Chinese President Xi Jinping and other Asian leaders as long-frosty US-China relations show only tentative signs of warming.

14.11 / 20:13

Manufacturing Tesla show cover UAW workers at GM's Spring Hill plant vote against tentative deal

(Reuters) — Workers belonging to the United Auto Workers (UAW) union at General Motors (NYSE:GM)' Spring Hill plant in Tennessee have voted against a proposed contract with the automaker, the union's vote tracker showed on Tuesday.

14.11 / 15:57

Strategy Tesla Hyundai President Experts country Hyundai joins Honda and Toyota in raising wages after auto union wins gains in deals with Detroit 3

Hyundai has joined Honda and Toyota in raising factory worker wages after the United Auto Workers union reached new contract agreements with Detroit automakers

14.11 / 14:41

Reuters Progressive economy Tesla NVIDIA Bill show open Wall St set to open sharply higher as data points to easing inflation

By Sruthi Shankar and Amruta Khandekar

14.11 / 11:56

FIVE Manufacturing Tesla country reports tax cuts elon India mulls five-year tax cuts for electric vehicles amid bid to woo Elon Musk's Tesla

Narendra Modi-led government was considering tax cuts on the import of completely built units of electric vehicles for up to five years. The policy would also allow international car manufacturers – such as Tesla – to import battery-powered vehicles on concessional duty rates if they commit to eventually building them in India. The report however indicated that a final decision was yet to be taken on the contours of the policy.

14.11 / 08:21

Tesla Hyundai President Hyundai to hike US hourly wages 25% by 2028 after UAW deal

By David Shepardson

14.11 / 06:23

Provident CEO Racing Tesla BorgWarner reports gatherings Automakers' drive to avoid China's EV rare earth dominance gathers speed

rare earth content has hit high gear, with European, U.S. and Japanese automakers and suppliers racing for alternatives in an area dominated by China. Automakers have mostly relied on motors with rare earth-based permanent magnets, which have been the most efficient at providing the torque to power EVs. But different types of motors without permanent magnets that were previously too big and too inefficient, or those with greatly-reduced rare earth content have become commercially viable, prompting the rush for alternatives.

14.11 / 05:53

Cooper CEO Mobile Tesla track reports travelers elon Elon Musk apologizes after Piyush Goyal's visit to Tesla Fremont factory: ‘My apologies, honor to have…’

Tesla CEO Elon Musk has apologised to India's commerce minister Piyush Goyal for not being able to be with him during a visit to the company's factory in Fremont, California. The billionaire said it was an "honour" to have Goyal visit the Fremont plant and expressed optimism about meeting the minister at a later date.

14.11 / 04:41

Art Cooper Extreme Manufacturing Remark Tesla reports elon Piyush Goyal misses Elon Musk's ‘magnetic presence’ during Tesla Fremont factory visit says ‘I wish him…’

Piyush Goyal on Tuesday visited Elon Musk's Tesla manufacturing facility in Fremont, California, where he heaped praise on the electric vehicle company and highlighted India's role in contributing to Tesla's remarkable journey. The Union Minister is currently on a four-day visit to the US, which began on 13 November, to attend the Indo-Pacific Economic Framework (IPEF) Ministerial Meeting and the Asia-Pacific Economic Cooperation (APEC) Summit. Goyal wrote about his visit to Tesla's Fremont factory on X, noting that the "state-of-the-art" manufacturing facility also employs many talented Indian engineers and financial professionals.

14.11 / 04:31

Provident Art Extreme Manufacturing Platform Tesla country Tesla about to double its components imports from India: Piyush Goyal

Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India. The minister is in the US on a four-day visit. The world's largest electric car producer Tesla Inc's chief Elon Musk met Prime Minister Narendra Modi in June in New York and after the meeting Musk had said that he planned to visit India in 2024.

13.11 / 22:59

Reuters Tesla Hyundai President UAW president vows aggressive auto plant organizing -Senate testimony

By David Shepardson

13.11 / 22:17

Mobile Boeing Tesla Nov Moodys reports prevention end inflation data Stock Market Today: Dow rides energy stocks to end higher ahead of inflation data

Investing.com — The Dow eked out a gain on Monday, supported by energy and health care stocks, but upside momentum was kept in checked as traders awaited fresh inflation data due Tuesday.

13.11 / 14:53

FIVE Manufacturing CEO Tesla country information reports tax cuts India considers 5yr tax cuts for imported EVs

India is contemplating a reduction in taxes for imported fully assembled electric vehicles for a duration of up to five years. This move is aimed at attracting companies like Tesla Inc. (NASDAQ:TSLA) to market and, in the future, manufacture their electric cars within the country.

13.11 / 04:22

Reuters Cooper Manufacturing Tesla country reports elon India considers lowering duty to woo Elon Musk's Tesla, report says

Elon Musk's Tesla, which has made the tax break a precondition for setting up its manufacturing plant in the country, the Financial Times reported. According to the Financial Times report, Tesla has sought an initial concession on customs duty levied on imported cars in India.

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