CEO Elon Musk is due to arrive in India next week for a visit that is expected to include a meeting with Prime Minister Narendra Modi and confirmation that Tesla plans to build a factory in the world’s most populous country.

Hundreds of millions of voters in India, the world's largest democracy, are heading to the polls in a parliamentary election in which the ruling-Bharatiya Janata Party's Narendra Modi running for re-election.

India's electric vehicle market remains underdeveloped, with EV's making up around 2% of car sales in the country, which ranks as the third-biggest automobile market.

It is another bad day for Tesla. The EV maker's shares are down for a fifth consecutive session, after Deutsche Bank downgraded its stock rating citing fears of a delayed Model 2 rollout. Analyst Emmanuel Rosner of Deutsche Bank on Thursday cut his rating on Tesla to "hold,

Key Takeaways Shares of Tesla slid to their lowest level in more than a year on Thursday after Deutsche Bank analysts downgraded the stock and lowered their price target by 35%, citing its "thesis-changing" pivot to robotaxis.

Deutsche Bank downgrades Tesla's rating to Hold due to potential delays in Model 2 launch and shift in strategic focus. Read more.

Tesla has dramatically dropped its pricing on most of its models to try to maintain a majority share of the electric vehicle market, however, America is pushing back on EVs until there is more battery range,

Tesla Inc. will lay off 285 workers at two plants in Buffalo, New York, or 14% of the total workforce of 2,032 workers, the EV maker said in an

The highest price target for Tesla on Wall Street is $350 a share. The lowest is just $23. JPMorgan's target is closer to the low, reiterating a sell rating this week and valuing Tesla at just $115 a share.

Tesla stock fell to a new 52-week low on Thursday, just days before Elon Musk’s electric vehicle company is set to report full earnings for the first quarter of 2024.

Deutsche Bank analyst Emmanuel Rosner downgraded shares of electric-vehicle firm Tesla to Hold from Buy, and slashed his price target to $123 from $189.