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India’s hopes for Tesla investment cool as Musk ceases contact

IndiaTimes Thursday, 4 July 2024 ()
Tesla paused India talks after Elon Musk canceled an April visit. With capital constraints, declining deliveries, and Cybertruck, Mexico plant delays, focus shifts to Tata Motors, Mahindra. Musk's import tax cuts favored $497M+ foreign EV investment. No comments from Heavy Industries Ministry, Modi. Tesla’s staff cuts, few charging stations limit progress, EVs just 1.3% market per BloombergNEF.
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Tesla, Inc. Tesla, Inc. American electric vehicle and clean energy company

Kevin Dillon's Tesla Suddenly Stops Mid-Car Wash, Rear-Ending Ensues

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Elon Musk Welcomes 12th Child [Video]

Elon Musk Welcomes 12th Child

Elon Musk , Welcomes 12th Child. Musk and Neuralink executive Shivon Zilis welcomed their third child together earlier this year, CBS News reports. Musk recently confirmed the birth in a 'New York Post' interview but didn't share the baby's name or sex. He also addressed rumors that the birth was a secret. As for 'secretly fathered,' that is also false. , Elon Musk, to the 'New York Post'. All our friends and family know. Failure to issue a press release, which would be bizarre, does not mean 'secret.', Elon Musk, to the 'New York Post'. Musk and Zilis also had twins in 2021, months before the Tesla and SpaceX CEO had a second child with Grimes. Musk and Zilis also had twins in 2021, months before the Tesla and SpaceX CEO had a second child with Grimes. He had a third child with Grimes in 2023. In a 2022 tweet, Musk said that declining birth rates represent "the biggest danger civilization faces by far.". He also said, "Doing my best to help the underpopulation crisis.". Many countries are already well below replacement rate, and the trend is that almost all will be. This is simply a fact, not a 'debunked theory.', Elon Musk, to the 'New York Post'. Musk also fathered six children with Justine Wilson, although they lost their first child to Sudden Infant Death Syndrome (SIDS). He was married to the Canadian author from 2000 to 2008

Credit: Wibbitz Top Stories    Duration: 01:30Published
Musk Threatens Ban After Apple Announces OpenAI Partnership [Video]

Musk Threatens Ban After Apple Announces OpenAI Partnership

Musk Threatens Ban , After Apple Announces , OpenAI Partnership. Reuters reports that Elon Musk has threatened to ban Apple devices at his companies if the iPhone producer goes forward with plans to integrate OpenAI. Reuters reports that Elon Musk has threatened to ban Apple devices at his companies if the iPhone producer goes forward with plans to integrate OpenAI. Reuters reports that Elon Musk has threatened to ban Apple devices at his companies if the iPhone producer goes forward with plans to integrate OpenAI. That is an unacceptable security violation, Elon Musk, CEO of Tesla & SpaceX, via Reuters. And visitors will have to check their Apple devices at the door, where they will be stored in a Faraday cage, Elon Musk, CEO of Tesla & SpaceX, via Reuters. On June 10, Apple announced a number of new AI features to be introduced across the company's apps and operating platforms. . Apple also announced a new partnership with OpenAI that will see ChatGPT technology added to all of the company's devices. According to Apple, privacy was "at the core" of its efforts to integrate AI. It's patently absurd that Apple isn't smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy!, Elon Musk, CEO of Tesla & SpaceX, via Reuters. Previously, Musk sued OpenAI and its CEO Sam Altman for abandoning the company's original mission to create AI for the betterment of humanity rather than profit. Previously, Musk sued OpenAI and its CEO Sam Altman for abandoning the company's original mission to create AI for the betterment of humanity rather than profit. Following the legal challenge, Musk started his own startup, xAI, to challenge OpenAI with an alternative to the popular chatbot ChatGPT. Following the legal challenge, Musk started his own startup, xAI, to challenge OpenAI with an alternative to the popular chatbot ChatGPT. Reuters reports that Musk's xAI has been valued at $24 billion, after raising $6 billion in series B funding during its last funding round

Credit: Wibbitz Top Stories    Duration: 01:30Published
Hertz Sells Teslas for $25,000 Amid EV Slump [Video]

Hertz Sells Teslas for $25,000 Amid EV Slump

Hertz Sells Teslas for $25,000 , Amid EV Slump. Hertz Sells Teslas for $25,000 , Amid EV Slump. Hertz Global Holdings has been trying to unload Teslas since January. The move comes after Hertz revealed plans to buy hundreds of thousands of electric vehicles (EVs) in 2021. Our EVs can be found nationwide in most major metros and averaging around $25,000, Hertz spokesperson, via email to CNBC. The sale reflects the EV market's waning pace of growth. Even though sales of electric vehicles have "more than quadrupled from 2020 to 2023,". automakers are currently more concerned about selling hybrids, CNBC reports. . So if you've been eyeing a Tesla for a while but waiting for a more manageable price, Hertz' sale may be your answer. Hertz-certified vehicles undergo a 115-point inspection and come with a 12-month/12,000 mile warranty. Some used EVs are also eligible for tax credits. Used car expert Yossi Levi offered tips for purchasing used electric vehicles. The best bang for the buck for consumers in the market today, bar none, is the used electric vehicle. And the best-value purchase is likely a three-year-old EV, Yossi Levi, Car Dealership Guy, via CNBC

Credit: Wibbitz Top Stories    Duration: 01:31Published

Elon Musk Elon Musk Businessman and investor (born 1971)

Supreme Court Rules Against SEC's Authority to Impose Fines [Video]

Supreme Court Rules Against SEC's Authority to Impose Fines

Supreme Court Rules , Against SEC's Authority, to Impose Fines. NPR reports that the United States Supreme Court recently voted 6-3 against the Securities and Exchange Commission's policy on fraudulent conduct. . NPR reports that the United States Supreme Court recently voted 6-3 against the Securities and Exchange Commission's policy on fraudulent conduct. . Chief Justice John Roberts, writing for the court's conservative majority, said the current rules deprive accused transgressors of their constitutional right to a jury trial. . Chief Justice John Roberts, writing for the court's conservative majority, said the current rules deprive accused transgressors of their constitutional right to a jury trial. . The SEC relies on administrative law judges (ALJ) to make legal conclusions in cases brought before the agency. The Supreme Court's decision has the potential to send ripples through dozens of agencies, from labor rights to energy regulation. The Court did exclude from its decision those agencies dealing with federal benefits, while some conservative justices wanted the ruling to go further. The three liberal justices in dissent blasted the decision by the majority. . The case was brought by a former conservative radio host and hedge fund manager, George Jarkesy, following an SEC fraud investigation. The case was brought by a former conservative radio host and hedge fund manager, George Jarkesy, following an SEC fraud investigation. An in-house evidentiary hearing fined Jarkesy $300,000, ordered him to pay back almost $700,000 in ill-gotten profits and barred him from the securities industry. Jarkesy argued that he was entitled to a jury trial held in a federal court and that Congress lacked the power to delegate such authority to the SEC. NPR reports that Jarkesy's case was supported by a number of conservative and business groups, and individuals such as Elon Musk. NPR reports that Jarkesy's case was supported by a number of conservative and business groups, and individuals such as Elon Musk

Credit: Wibbitz Top Stories    Duration: 01:31Published
Rahul Gandhi Labels Indian EVMs a "Black Box" Amid Controversy, Backs Elon Musk’s Concern [Video]

Rahul Gandhi Labels Indian EVMs a "Black Box" Amid Controversy, Backs Elon Musk’s Concern

Senior Congress leader Rahul Gandhi, joining the EVM debate once again, has voiced serious concerns about the transparency and accountability of India's electronic voting machines (EVMs), referring to them as a “black box” and citing a recent controversy involving the Mumbai North West Lok Sabha seat. #RahulGandhi #EVMControversy #BlackBoxEVMs #ElonMusk #VotingSecurity #IndiaElections #ElectoralTransparency #Democracy #ElectionFraud #MumbaiElection #HackingRisks #EVMScandal #PoliticalAccountability #ElectionIntegrity #VoterConfidence ~PR.152~ED.194~GR.125~HT.96~

Credit: Oneindia    Duration: 03:20Published
EVM News: Elon Musk's Social Media Post on EVM Tampering Sparks Outrage, Former Minister Answers [Video]

EVM News: Elon Musk's Social Media Post on EVM Tampering Sparks Outrage, Former Minister Answers

Elon Musk advised against using electronic voting machines (EVMs) due to hacking risks, sparking debates on their security amid irregularities in Puerto Rico's primaries. However, India defended its third-generation M3 EVMs as tamper-proof, with no connectivity and oversight from IIT experts and the Election Commission. The Supreme Court issued directives to further strengthen EVM security while rejecting demands for 100% VVPAT verification. #ElonMusk #EVMs #EVMHacking #BallotPaper #ElonMuskNews #PuertoRico #IndianElections2024 #Indianews #RajeevChandraShekhar #Worldnews #Oneindia #Oneindianews ~HT.178~ED.155~GR.125~

Credit: Oneindia    Duration: 03:24Published

Tesla Cybertruck Tesla Cybertruck Electric pickup truck

Tesla Recalls Vehicles Over Faulty Seat Belt Warning System [Video]

Tesla Recalls Vehicles Over Faulty Seat Belt Warning System

Tesla Recalls Vehicles , Over Faulty Seat Belt Warning System. Over 125,000 Tesla vehicles are being recalled in the U.S., the National Highway Traffic Safety Administration (NHTSA) said on May 31. The recall is due to a seat belt warning system malfunction, NBC News reports. . Some vehicles failed to flash warning lights or make noise when a driver didn't buckle up, the regulator said. . The following vehicles are affected by the recall:. 2012-2024 Model S, 2015-2024 Model X, 2017-2023 Model 3 and 2020-2023 Model Y. . An over-the-air software update will be released by Tesla in June to fix the issue. Tesla recalled another 200,000 vehicles in January over a software malfunction that could impede drivers' visibility when reversing. Almost 4,000 Cybertrucks were also recalled in April over a faulty accelerator pedal pad. Last month, auto safety regulators launched an investigation to determine whether Tesla's December recall of over 2 million vehicles was adequate. The recall was to implement new Autopilot safeguards following a string of crashes.

Credit: Wibbitz Top Stories    Duration: 01:31Published

Tata Motors Tata Motors Indian multinational automobile manufacturing company


Mahindra & Mahindra Mahindra & Mahindra Indian automobile manufacturer


Narendra Modi Narendra Modi 14th Prime Minister of India since 2014

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PM Modi, Putin, Xi Jinping,Other World Leaders Congratulate Iran's Masoud Pezeshkian On Election Win [Video]

PM Modi, Putin, Xi Jinping,Other World Leaders Congratulate Iran's Masoud Pezeshkian On Election Win

Masoud Pezeshkian has won Iran's presidential run-off with 53.7% of the votes, campaigning on a platform of opening Iran to the world and promising unity. International leaders, including Putin and Modi, have congratulated Pezeshkian. Saudi Arabia's King Salman and Crown Prince affirmed commitment to improving ties with Iran, while Azerbaijan's President Aliyev invited Pezeshkian to strengthen bilateral relations. Venezuela and China expressed optimism about Iran's future under Pezeshkian, and Iraq and Pakistan emphasised enhancing regional cooperation. Kuwait's Emir wished success for Iran's new president, and Syrian President Assad pledged to deepen strategic ties. Pezeshkian faces expectations to manage domestic challenges and international relations, with global leaders expecting Iran to play a stabilising role in the region under his leadership. #IranElections #MasoudPezeshkian #WorldLeadersCongratulate #ModiCongratulatesPezeshkian #PutinCongratulatesPezeshkian #XiJinpingCongratulatesPezeshkian #InternationalRelations #RegionalCooperation #GlobalStability #IranianPolitics #UnityInIran #BilateralRelations #MiddleEastDiplomacy #Geopolitics #Leadership

Credit: Oneindia    Duration: 03:18Published
Rahul Gandhi Takes On BJP In Gujarat, Vows To Defeat Modi In Gujarat ‘Like I.N.D.I.A Did In Ayodhya’ [Video]

Rahul Gandhi Takes On BJP In Gujarat, Vows To Defeat Modi In Gujarat ‘Like I.N.D.I.A Did In Ayodhya’

Congress leader Rahul Gandhi on Saturday said by trouncing the BJP in Ayodhya, the INDIA bloc has defeated the Ram temple movement once led by L K Advani, and expressed confidence that the saffron party will meet the same fate in Gujarat in the next election. He said the Congress has been challenged and threatened by the BJP, but it will defeat the saffron party and Narendra Modi in Gujarat just the way it was defeated in Ayodhya. Gandhi was addressing party workers days after the Congress and BJP clashed outside the Gujarat Pradesh Congress Committee (GPCC) office when saffron party workers went there to protest against his (Gandhi's) remarks on Hindus. #RahulGandhi #BJP #Gujarat #Modi #INDIA #Ayodhya #PoliticalRally #ElectionCampaign #Congress #Opposition #IndianPolitics #VowsToDefeat #ElectionBattle #RahulVsModi #GujaratElections

Credit: Oneindia    Duration: 06:42Published

Electric vehicle Electric vehicle Vehicle propelled by one or more electric motors

European Union Announces Higher Tariffs on Chinese EVs [Video]

European Union Announces Higher Tariffs on Chinese EVs

European Union Announces , Higher Tariffs on Chinese EVs. On June 12, the EU said it will impose higher tariffs on imports of Chinese electric vehicles (EVs), CNBC reports. . The increase in tariffs is the result of a probe launched by the EU in October. According to the EU, the Chinese imports benefit "heavily from unfair subsidies" and threaten "economic injury" to European EV producers. The influx of subsidized Chinese imports at artificially low prices therefore presents a threat of clearly foreseeable and imminent injury to EU industry, European Commission, via statement. A 38.1% tariff will be imposed on battery electric vehicle producers who refused to cooperate with the bloc's investigation. A 21% tariff will be implemented for carmakers in China who complied but have yet to be "sampled.". On June 11, a spokesperson for China's Ministry of Commerce called the higher tariffs a "protectionist act.". The findings disclosed in the EU ruling lack factual and legal basis, Spokesperson for China's Ministry of Commerce, via statement. This is a naked protectionist act, creating and escalating trade frictions, and 'destroying fair competition' in the name of 'maintaining fair competition.' , Spokesperson for China's Ministry of Commerce, via statement. This move by the EU not only damages the legitimate rights and interests of China’s electric vehicle industry, but will also disrupt and distort the global automotive industry chain supply chain, including the EU, Spokesperson for China's Ministry of Commerce, via statement

Credit: Wibbitz Top Stories    Duration: 01:31Published
Trump Promises to Stop All Electric Car Sales [Video]

Trump Promises to Stop All Electric Car Sales

Trump Promises to Stop , All Electric Car Sales. In an effort to be reelected as President of the Unites States. Trump is promising oil and gas execs that he'll keep electric vehicles (EVs) from being sold in the U.S. if they make significant donations to his campaign, Gizmodo reports. . Trump said that he'd lower tailpipe emissions targets and cut EV tax credits, among other things. . "You won't be able to sell those cars," Trump said. However, the EV market continues to grow, with at least 1.5 million units expected to sell in 2024. If Trump squashes EV sales in the U.S., it could anger some Republicans since the market has provided more jobs and investments in the South. For example, Hyundai is investing $13 billion in Georgia, a state Trump lost in 2020, to produce electric vehicles. Meanwhile, analysts predict EV sales will continue to rise despite Trump's efforts. Although, his tactics could prove to slow those sales dramatically. . Ford Motor executive chair William Clay Ford Jr. weighed in on Trump's promises. Our time frame as a company, our planning time frame, is a lot longer than election cycles, William Clay Ford Jr., via statement. When we’re whipsawed back and forth by politicians that becomes really difficult for us, William Clay Ford Jr., via statement

Credit: Wibbitz Top Stories    Duration: 01:31Published

Ministry of Heavy Industries Ministry of Heavy Industries Union ministry of Government of India

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