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Gujarat: Triton EV Acquires Manufacturing Facility of AMW Motors

May 2, 2022 17:49

Tesla rival Triton EV is all set to begin production in India as the company announced on Monday the acquisition of the AMW Manufacturing Plant in Bhuj, Gujarat. This 3.7 million square foot manufacturing plant infrastructure will serve as the epicentre of Triton EV’s EV Truck Manufacturing Hub.Triton EV’s acquisition will ensure a quick turnaround […]

Elon Musk Makes $43 Billion Bid To Takeover Twitter

April 15, 2022 15:25

Maverick billionaire Elon Musk has made an unsolicited bid to take over Twitter Inc. in a deal valued at $43 billion and make it private. To put the figure in proper context, the country marred with an unprecedented crisis Sri Lanka has total external debts of $41 billion dollars. The world’s richest person at 50, […]

Musk Donates Shares Worth $5.7 Billion To Charity In November

February 15, 2022 19:41

Elon Musk gifted almost $6 billion worth of Tesla Inc. shares to charity in November. According to a filing with the Securities and Exchange Commission, the sale of more than five million shares took place between November 19 to November 29 last year. The “gift” remains one of the biggest ever to a charity. An […]

Musk Reacts As Biden Mentions Tesla

February 9, 2022 15:43

US President Joe Biden finally publicly acknowledged role of Tesla role in the nation’s electric vehicle manufacturing during an event, and Elon Musk was happy.  Speaking at an event announcing the creation of an electric vehicle charging station factory in Tennessee, Biden referenced companies that had invested in factories in recent months in the States. […]