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.
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Elon Musk took the stand on Tuesday (28 April) at a high-stakes trial over the future of OpenAI, casting his lawsuit against the ChatGPT maker as a defence of charitable giving.
Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.
Tesla delivered 1.64 million vehicles in 2025, down 9%, as BYD becomes the top EV maker.
Prime Minister Benjamin Netanyahu held a joint conference call on Sunday night from Florida with entrepreneur Elon Musk, Transportation Minister Miri Regev and Head of the National AI Directorate Erez Eskel.
The U.S.-Israeli war with Iran loomed over U.S. President Donald Trump's visit to China, as signs emerged that the conflict is causing a shift in alliances across the Middle East.
The Iranian President Masoud Pezeshkian has instructed his first deputy to fulfill the public’s expectations regarding the access to the Internet services and platforms amid a wartime shut-down of international connection since late February.
Just one week after a similar move by Australia, Greece announced that it will ban access to social media for children under the age of 15 from January 1, 2027, as governments around the world weigh tougher rules amid growing concerns over mental health, safety and screen addiction.
U.S. President Donald Trump said he does not think he will need China's help to end the war with Iran as he left for a high-stakes summit in Beijing on Tuesday, as hopes for a lasting peace deal dwindled and Tehran tightened its grip over the Strait of Hormuz.
U.S. President Donald Trump and Chinese President Xi Jinping will meet in Beijing on 14–15 May 2026 for a high-stakes summit aimed at managing rising tensions over trade, technology, Taiwan and the Iran conflict.
Negotiations between Samsung Electronics and its workforce on Wednesday have broken down, officials said, raising fresh concerns over potential disruption to South Korea’s export-heavy economy.
By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
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