KATHMANDU: Tesla has lost its position as the world’s largest electric vehicle (EV) maker to China’s BYD in 2025, as global competition intensified and the expiration of U.S. tax incentives weighed on demand. According to Reuters, Tesla’s annual vehicle deliveries…

KATHMANDU: The U.S. Delaware Supreme Court has restored Elon Musk’s 2018 Tesla CEO Compensation plan, ending a major legal dispute over executive pay. The performance-based pay package was approved by Tesla shareholders in 2018. It was originally valued at about…

KATHMANDU: Tesla’s shareholders have approved a new pay plan for CEO Elon Musk, which could be worth nearly $1 trillion if the company meets some very big goals in the next 10 years. The decision was made at Tesla’s annual…

KATHMANDU: Tesla CEO Elon Musk has said that the company’s new Cybercab will start production in about eight months, aiming for a Q2 2026 launch in the U.S. The vehicle will have no steering wheel or pedals, as it is…

KATHMANDU: The electric vehicle (EV) price war that started in China is now expanding to markets around the world. As demand slows and government incentives fade, automakers like Tesla, Hyundai and Nissan are cutting prices to stay competitive. Tesla launched…