Tag - electric car

Musk-run Tesla hits $1 trillion market cap for first time


San Francisco: Elon Musk-run electric car company Tesla has hit the $1 trillion market cap for the first time. Tesla becomes the fifth US company to join the $1 trillion club, after Apple, Microsoft, Amazon, and Alphabet. Its stock soared to a new record-high after it crossed $950 during the trading -- up more than 9...

If Tesla joins ‘Make in India’, govt will lower import duty


New Delhi: The government may consider lowering import duty along with offering other sops to Tesla, but for that, the electric vehicle major would have to invest in setting up a manufacturing facility in the country. Tesla had urged the Center earlier to reduce import duty in electric vehicles. It wants to bring its latest...