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Tesla's revenue drops by 9% to $21.30 billion in Q124, steepest y-o-y decline since 2012

autherAutocar Professional Bureau     calendar24 Apr 2024

Tesla's revenue decline comes at a time when it's seeing weak deliveries, competition from Chinese incumbents, price cuts, which forced the company to slash 10% of its workforce.

LATEST

New Aston Martin Vantage priced at Rs 3.99 crore

By Saptarshi Mondal, Autocar India calendar23 Apr 2024

New Vantage is powered by a 665hp, 4.0-litre V8.

Stellantis India announces price hike for Citroen and Jeep models

autherAutocar Professional Bureau calendar23 Apr 2024

This adjustment will translate to an incremental rise ranging from Rs 4,000 to Rs 17,000 across the respective models....

Govt receives seven bids for PLI scheme on Advanced Chemistry Cell; Reliance, JSW, Amara Raja amongst bidders

autherAutocar Professional Bureau calendar23 Apr 2024

ACME Cleantech Solutions Private Limited, Amara Raja Advanced Cell Technologies Private Limited, Anvi Power Industries...

Netradyne expands UK operations via partnership with Intelex

autherAutocar Professional Bureau calendar23 Apr 2024

The collaboration between Netradyne and Intelex marks a substantial leap forward in advancing road safety and fleet ma...

ARAI receives 13 bids for green hydrogen pilot projects

By Shahkar Abidi calendar23 Apr 2024

 ARAI, the implementing agency for these projects, is currently conducting a technical evaluation of the proposals, Au...

Honda Amaze receives two stars Global NCAP crash test rating

By Sahil Kukreja, Autocar India calendar23 Apr 2024

The Amaze scored zero star rating for child occupant protection.

Emmforce AutoTech IPO opens, order book subscribed fully

By Autocar Pro News Desk calendar23 Apr 2024

The company raises Rs 15.34 crore from the sale of 15.66 lakh equity shares with a face value of Rs 10 at Rs 98 per sh...

Mahindra Bolero Neo scores one star in GNCAP rating

By Akbar Merchant, Autocar India calendar23 Apr 2024

The Bolero Neo was tested with the latest protocols available and showed low protection scores for adult occupancy. 

Finayo appoints Yogendra Sharma as Director of Product and Strategy

autherAutocar Professional Bureau calendar23 Apr 2024

Sharma’s industry experience spans over 25 years, with competency in diverse roles.