September 10, 2021 7:43 am
The American company said it had accumulated losses of over $ 2 billion in the last 10 years, and that the phased closure of its two production units in Sanand, Gujarat, and Chennai, Tamil Nadu, would affect approximately 4,000 employees.
January 09, 2020 11:21 am
Tesla Inc's stock jumped nearly 5 per cent on Wednesday, closing at a record $492.14 per share and elevating its market capitalization to almost $89 billion, or $2 billion larger than the sum of General Motors' and Ford's respective market caps of $50 billion and $37 billion.
October 02, 2019 3:23 am
Though Ford started Indian operations in 1995, the company struggled to capture a decent share in the automobile market.