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The Indian government is considering tax cut from 60% to 40% for imported EVs. According to a report fromReuters, the authorities are considering these revised tax rates for EVs valued at less than $40,000 — inclusive of cost, insurance, and freight. The report noted that for EVs costing more than $40,000, the revised tax rate would be 60% — down from 100%. In July, Elon Musk said he wants to bring Tesla to India, but import taxes are too high....

Tesla short sellers have lost $27B betting against Elon Musk this year $23.4 billion worth of Tesla shares are currently shorted Short sellers are betting against Alibaba and Apple, too Electric vehicle kingpin Tesla is still by far the most shorted US-listed stock on the market. S3 Partners calculated there’s $23.4 billion worth of Tesla stock (TSLA) currently shorted, which works out to be nearly 7.5% of the total number of shares in circulation....

If you’ve ever shopped for an EV you will have almost certainly compared how far your vehicles of choice can drive on a single charge. Most manufacturersquote a WLTP range, which is calculated from a lab test and is intended to give an idea of how far the car can go on a single charge. In reality, these WLTP figures can be quite far off the mark. If you’re serious about EV motoring, it pays to research what real-world range figures drivers report....

Tesla stock dives after Elon Musk cools ‘Battery Day’ hype Musk wants you to know Battery Day is about the long-term Elon Musk’s Battery Day needs to be big While nobody knows exactly what Musk has in store for the public, anxious shareholders have now waited months for today’s showcase, all while Tesla’s stock price has repeatedly multiplied. In fact, Tesla stock has risen by more than 290% since Musk first postponed Battery Day back in April....

Elon Musk is back to his usual Bitcoin fondling antics. The Tesla frontman now says the EV maker will accept Bitcoin as payment when miners use more renewable energy. Back in March, Teslabegan accepting Bitcoinas payment for its EVs in the US. While Bitcoin maximalists sang from the tops of their fat stacks of Sats, the rest of the world put the move under the environmental microscope. Tesla was denounced for its move to accept Bitcoin as it’s fundamentally at odds with its mission as a company, which is to reduce emissions, and help usher in a new era of sustainable living....