Tesla's highly-anticipated entry into India has finally happened with the opening of its first showroom — nine years after CEO Elon Musk first hinted at its launch.
Tesla officially entered the Indian market on Tuesday, launching its first showroom in Mumbai, known as the country's financial capital.
The U.S. EV maker also introduced its Model Y in India at about $70,000, the highest price among major markets, as the U.S. automaker struggles with declining sales and bets on the country's prospects, which CEO Elon Musk has long criticized for its high import tariffs.
With deliveries expected to begin in the third quarter, Tesla is targeting a niche electric vehicle segment in India that makes up just 4% of total sales in the world's third-largest car market.
Tesla has long lobbied India to lower import tariffs on cars, and Prime Minister Narendra Modi's officials are still in discussions with U.S. President Donald Trump's administration to reduce the levies under a bilateral trade agreement.
A massive blaze at a hypermarket in al-Kut, eastern Iraq, has left at least 60 people dead and 11 missing, raising serious questions about safety stan...
Torrential rains have battered South Korea, leaving two dead and forcing more than a 1,000 people to evacuate their homes as flash floods and landslid...
China is battling an unprecedented power surge, as temperatures push electricity demand beyond 1.5 billion kilowatts. Officials warn the real test is ...
Start your day informed with AnewZ Morning Brief: here are the top news stories for 17th July, covering the latest developments you need to know....
European Commission President Ursula von der Leyen has unveiled a bold €2 trillion (about $2.3 trillion) EU budget proposal that includes new taxes ...
Tesla shares fell sharply after Elon Musk announced a new political party, intensifying his feud with Donald Trump over a controversial spending bill passed by Congress.
Investment firm Azoria Partners announced it would delay the launch of its Tesla ETF following Elon Musk's declaration of forming a new U.S. political party.
Tesla’s new car registrations plunged sharply in June, dropping 64.4% in Sweden and 61.6% in Denmark compared to last year, highlighting growing challenges for the U.S. electric vehicle maker in these Nordic markets.
Tesla’s new car sales in Europe plunged 27.9% in May, even as the region saw a major rise in demand for electric vehicles, data from the European Automobile Manufacturers Association (ACEA) showed.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Hollywood star Sydney Sweeney is reportedly the top contender to become the next Bond girl, as director Denis Villeneuve and Amazon look to modernise the James Bond franchise.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
Iran has developed an investment plan aimed at attracting funding to expand its caviar production to more than 140 metric tons in the near future, - stated Nasser Karami-Rad, a senior official of the Iran Fisheries Organization.
Kazakhstan is weighing cryptocurrency-related investments as part of its strategy to diversify national reserves and modernise financial management, according to the chairman of the National Bank.
Electric car sales in Germany surged to a new record in the first half of 2025, making up 17.7% of all new vehicle registrations, according to the German road traffic agency KBA. Despite a 4.7% drop in overall car sales, demand for EVs grew by 35% year-on-year.
U.S. consumer prices rose at their fastest pace in five months in June, signaling the early impact of tariffs on inflation. However, subdued demand and falling service prices may keep the Federal Reserve cautious about rate changes.
A feasibility study for building a production chain at the Dashkesan iron ore deposits complex in Azerbaijan will be conducted after Dashkesan Iron Ore LLC, a subsidiary of CJSC AzerGold, signed an agreement with China's Sinosteel Equipment & Engineering Co Ltd.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment