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China offers Elon Musk permanent residency

Thursday, January 10, 2019, 6:51 PM

Tesla boss Elon Musk has been offered a "green card", China said Thursday, a privilege enjoyed by an elite group of foreigners, including several Nobel laureates and a former NBA star. Musk was in China for the ground-breaking of Tesla's first overseas factory, which will allow it to sell vehicles directly in the world's largest market for electric vehicles.
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Tesla CEO introduced a 'lower-cost, mid-range' Model 3 via Twitter

Friday, October 19, 2018, 3:36 PM

Tesla CEO Musk announced Twitter that a new variant of company's Model-3 electric sedan is going on sale today. He wrote, "Costs $35k after federal & state-tax rebates in California, but true cost of ownership is closer to $31k after gas savings." Tesla has promised lowest-spec model of Model-3 will be available at-a-purchase price around $35,000. It has yet to offer this low-cost model.
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Switching two-wheelers to electric can cut oil bill by Rs.1.2L crore

Saturday, September 8, 2018, 8:30 AM

India can cut its annual oil import bill by some Rs 1.2 lakh crore in the next five to seven years by switching its two-wheelers from internal combustion engine to electric, according to the NITI Aayog. The NITI Aayog report said that India had a lot to gain by converting its internal combustion engine vehicles to electric vehicles at the earliest.

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