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Business lesson from world's first trillionaire Elon Musk: 'Rely less on business gurus and their books and more on biographies' What business owners can learn from world's richest man's success mindsetElon Musk, the world's first trillionaire, eschews traditional business gurus, drawing wisdom from history and biographies of innovators. H...
Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes foreverIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...
EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...
SpaceX IPO makes Elon Musk the world's first trillionaireAt a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a l...
Maruti, Tata lead hatchback revival as India's carmakers rediscover the mass marketIndian carmakers are rediscovering the hatchback. For years, SUVs dominated sales. Now, rising prices and economic challenges mean small ca...
EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
Xpeng boss to head robot unit with humanoid mass production imminentThe announcement follows market talk that Shi Xiaoxin, a core executive involved in the IRON project, had left the company earlier this mo...
Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...
Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
Clean rules put auto parts cos on a whole new growth pathIndia's auto component sector is set for a growth spurt. New rules for cleaner, safer, and fuel-efficient vehicles are boosting demand for ...
Tata Motors chairman N Chandrasekaran sets target high for TaMo's PV businessTata Motors Chairman N Chandrasekaran has urged dealers to prepare for a significant growth phase, aiming to nearly double annual sales to ...
Ola Electric raises Rs 780 crore via QIP amid market share, cash burn pressureOla Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...
Tata Motors rethinks its premium EV playbookTata Motors has revamped its premium EV brand, Avinya, by shifting from its original platform plans to leveraging partnerships and ready-ma...
Tata taps China's Chery for premium EV push, sources sayTata Motors is set to license an automaking platform from China's Chery. This collaboration aims to accelerate the launch of Tata's premium...
SoftBank overtakes Toyota as Japan's most valuable company on AI boomSoftBank Group has become Japan's most valuable company, surpassing Toyota Motor. This shift highlights investor excitement for artificial ...
Tata Motors, Mahindra lead the pack as EV sales surge 79%India's electric car sales surged 79% in May. Tata Motors and Mahindra & Mahindra gained market share. Newcomer VinFast also saw growth. JS...
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...