China and Canada have announced a significant reduction in tariffs and signalled a broader reset in their bilateral relationship following high-level talks in Beijing, marking a notable shift after years of strained diplomatic and trade ties. The agreement was confirmed after a meeting on Friday between Chinese President Xi Jinping and Canadian Prime Minister Mark Carney, the first Canadian leader to visit China in nearly a decade. Under the deal, China is expected to reduce tariffs on Canad

Amid ongoing geopolitical tensions, trade disputes, and armed conflicts across multiple regions, China quietly achieved two major economic milestones in 2025, underscoring its continued influence over global manufacturing and trade. Official data released this month shows that the country recorded the largest annual trade surplus in its history while further consolidating its position as the world’s leading automobile producer and seller. These achievements came despite persistent pressures

The world’s richest individual added significantly to his fortune after a major legal reversal in the United States. The Delaware Supreme Court on Friday cleared Elon Musk’s long-disputed $56 billion compensation package from Tesla, overturning a lower court ruling that had invalidated the 2018 pay plan. The decision marked a pivotal moment in a case that has drawn global attention to executive compensation, corporate governance, and shareholder rights at one of the world’s most valuabl

California regulators have warned Tesla that its license to sell electric vehicles in the state could be temporarily suspended early next year unless the automaker revises how it markets its self-driving technology. The warning follows a legal decision concluding that Tesla misled consumers for years by overstating the capabilities of its driver assistance systems, particularly through the use of the terms Autopilot and Full Self-Driving. In a decision released late Tuesday, an admi

Siddhant Awasthi, an Indian-origin engineer who rose from intern to the head of the Cybertruck program, has announced his departure after more than eight years of service. His exit marks the conclusion of an extraordinary journey that began as a young engineering intern and ended with him leading one of the most ambitious vehicle projects in the electric automotive industry. Awasthi shared the news of his decision through a professional networking post, reflecting on his growth, challenges, and

Elon Musk has once again redefined corporate ambition. At Tesla’s annual shareholder meeting in Austin, the company’s investors voted to approve an unprecedented $1 trillion compensation plan for its CEO. The package, designed to stretch over a decade, is tied to a series of extraordinary performance goals that could transform Tesla into one of the most valuable and diversified technology companies in the world. Unlike conventional executive pay structures, Musk’s plan contain

Elon Musk’s business empire is facing a wave of senior-level departures across Tesla, X and xAI as his relentless management style, shifting strategies and personal rivalries continue to drive churn at the top. Over the past year, several of the billionaire’s closest lieutenants and senior executives have chosen to walk away, leaving behind questions about the stability of leadership inside some of the world’s most closely watched companies. Tesla, once considered the most sta

Tesla’s stock price surged by more than 3% on Monday, closing at $410.26 per share, after it was revealed that CEO Elon Musk had purchased more than 2.5 million shares in the company. The acquisition, valued at around $1 billion, was disclosed in a regulatory filing and took place in several tranches at varying prices on Friday. The move immediately triggered optimism among investors and added significant momentum to Tesla’s already robust performance in recent months. T

Tesla has officially entered the Indian market, and its arrival made headlines when Maharashtra Transport Minister Pratap Sarnaik became the country’s first Tesla Model Y owner. The landmark delivery came just a day after Tesla inaugurated its Mumbai showroom at Bandra Kurla Complex, attracting huge crowds eager to catch a glimpse of the electric SUV. The Tesla Model Y will now be seen on Indian roads, a signi

The future of transportation is electric, and it’s already here. Electric vehicles (EVs) are becoming more than just a way to get from point A to point B; they are reshaping the way we think about cars, driving, and even our environment. With their advanced technology, sustainability benefits, and growing accessibility, owning an EV feels like experiencing the future today. In this article, we will explore why EV ownership is not just a trend but a step into a more sustainable, high-tec

Tesla, the Elon Musk-led electric vehicle giant, is finally making its long-anticipated debut in India with the opening of its first showroom in Mumbai on July 15. Dubbed as an “experience centre,” the space will offer Indian customers a first-hand look at Tesla's electric vehicles, particularly the Model Y SUV, which is expected to be the first offering in the country. Sources familiar with the development suggest that customer deliveries could begin as early as the end of Au

On November 18, 2024, Telangana's Transport Minister Ponnam Prabhakar unveiled a groundbreaking electric vehicle (EV) policy designed to significantly reduce air pollution and promote cleaner transportation across the state. The policy includes an array of incentives aimed at encouraging both individuals and businesses to transition to electric vehicles. Key features of the policy include a 100% tax exemption on all types of EVs, such as two-wheelers, four-wheelers, and commerci

Tesla Won’t Be Fully Electric Anymore: The Model Y May Adopt a Revolutionary Hybrid Technology The automotive industry is constantly evolving, experimenting with cutting-edge technologies to enhance efficiency, range, and sustainability. A groundbreaking development is shaking up the market: Obrist Powertrain, a Swiss-based innovator, has introduced a HyperHybrid engine using a Tesla Model Y as the prototype. This revolutionary technology combines the benefits