Auto Sector

Tesla faces delay with Model 3 due to Production Constraints

Tesla Motors has informed about bottlenecks the company is facing with production of Model 3. The company delivered less than its forecast of 1,500 vehicles during September.

Major Push for Electric Vehicles by European Union

European Union has announced Euro 2.2 billion support for supporting electric vehicles segment and battery technology.

Electric Vehicles Segment Will Offer Nearly 60 Options by 2022

German automobile majors Daimler AG and Volkswagen are putting in serious effort and funds for development of electric vehicles.

Tesla Q3 Results Could be Worse than Q2

Tesla reported loss of $2.04 per share in second quarter earnings announced in August but market analysts are worried about the company reporting even worse numbers in third quarter.