Tesla Benefit Trump Tariffs: President Donald Trump’s decision to impose 25% tariffs on imported cars could significantly affect the automotive industry. While many automakers fear rising costs and disrupted supply chains, one company appears to be better positioned to weather the storm—Tesla. Overview of the New Tariffs The government plans to boost domestic manufacturing by…
Elon Musk’s $56bn pay deal: Elon Musk, the CEO of Tesla, SpaceX, and X (formerly Twitter), has faced another setback as a Delaware judge rejected his record-breaking $56bn pay package for the second time. The company made this decision after months of legal battles, even though shareholders and directors approved the package earlier this year….
In a surprising move, Tesla, the world-renowned electric vehicle manufacturer, has announced significant price reductions for its Model Y, X, and S vehicles in the U.S. The latest round of cuts sees a $2,000 (Rs. 556,252) drop in the starting prices of these popular models. The decision comes as the company aims to boost sales…
Tesla, a major player in the EV industry, faces a stock decline as it again lowers prices for its vehicles in China. This action prompted investor and analyst discussions, questioning Tesla’s profitability and strategy in China’s highly competitive electric car market. The manufacturer announced 14,000 yuan ($1,929) discount on two Model Y models in China…
Renowned electric vehicle manufacturer Tesla Inc. introduces Chinese-made Model Y SUVs in the South Korean market. Tesla Model Y South Korea, Tesla’s move makes EVs more accessible to Korean consumers by reducing prices and offering additional subsidies. Tesla Korea’s official website now offers the rear-wheel drive model at a price of 56,990,000 won ($44,000). With…
