Get ready for some exciting changes with the upcoming iPhone 15! We've heard that the iPhone 15 will come with a special USB-C port for charging. Now, we've got a sneak peek at something as interesting: the new iPhone 15 USB Type-C charging cable.
02.08.2023 - 03:01 / tech.hindustantimes.com / Elon Musk
As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding local firms to partner with any Chinese suppliers involved, according to three government sources with direct knowledge of the matter.
Tesla has been in talks with India for weeks about setting up a factory which will potentially build a $24,000 car for local sales and exports, however strained India-China ties threaten to complicate Tesla's plans for bringing in Chinese suppliers.
Tesla founder Elon Musk is seeking to expand beyond the company's biggest foreign base of China where regulatory approvals for expansion are slow to come.
But Chinese suppliers could be critical if Tesla were to establish a plant in India and keep costs in check for a cheap EV. India does not have local suppliers for components such as battery cells, with even India's largest EV maker, Tata Motors, importing them from China.
In meetings with officials in New Delhi, Tesla executives informed the Indian government that it would like to have some of its vendors from China set up base locally to boost its supply chain, three Indian officials with direct knowledge of talks said.
In response, officials told Tesla that granting approvals for wholly-owned Chinese companies in India could be difficult due to intense scrutiny of Chinese firms since a 2020 border clash between the two countries.
Instead, the Indian officials said they had suggested a workaround in which Tesla would emulate the approach of Apple. The U.S. smartphone giant in recent months has obtained approvals to bring Chinese suppliers to India after they found local joint-venture partners.
Tesla, the spokesperson of the Indian government and the trade ministry did not respond to requests for comment.
Apple has a fast-growing supply chain in India which includes Taiwan's Foxconn assembling its iPhones.
New Delhi in recent months has been approving some Chinese suppliers' JV partnerships with Indian companies on a case-to-case basis, one of the government sources said.
India remains hesitant about allowing Chinese companies, especially automakers, to expand in the country, however.
Last month, China's BYD told its Indian partner it would shelve a new $1 billion investment plan to build EVs thereafter its investment proposal faced scrutiny from New Delhi.
Without specifying Chinese vendors, a fourth source with direct knowledge of Tesla's discussions in India said the U.S. company is looking at supply chain partners for its India factory.
One of the Indian officials said pairing local and Chinese players could work for Tesla.
"Tesla has been demanding a separate ecosystem for their (Chinese) vendor base ... those approvals can be granted on a case-to-case basis if there an
Get ready for some exciting changes with the upcoming iPhone 15! We've heard that the iPhone 15 will come with a special USB-C port for charging. Now, we've got a sneak peek at something as interesting: the new iPhone 15 USB Type-C charging cable.
Planning to book your flight tickets for a holiday in the next two months? With Navratri and Dussehra falling in this duration, many are planning their annual trips to a holiday destination or just to visit their family home and relatives. And if booking your flights is giving you a nightmare due to the high prices, then you need to know about the 4-day Air India sale that can save you some big bucks. The global carrier has launched a special sale across its domestic and international routes, where it will allow travelers to book their flight tickets online or through the app at an additional benefit of zero convenience fee. Let us take a look.
The race to the uncharted south pole of the Moon is quickening with India's Chandrayaan-3 and Russia's Luna-25 gearing up for lunar landings next week, each mission holding significant implications beyond the thrilling competition in the skies.
In what is seen as a first, Apple iPhone 15 mass production has started in Tamil Nadu, India. This is the first time that an iPhone has started being manufactured in India before it has actually even been announced by the company, MacRumors reports. And this is a step that will worry China as it indicates India's rising status in the tech manufacturing segment that it had been controlling for so long. For Apple, this is the best way to protect its manufacturing base after the fiasco that happened during and even after the Covid-19 epidemic in China when its entire supply-chain was disrupted.
Tesla Inc. added new lower-range iterations of the Model S sedan and Model X sport utility vehicle to its lineup that cost $10,000 less than their previous base prices.
Krafton has pledged a further $150 million investment in Indian game startups over the next two to three years.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
In an arresting move that looks like the rest of the signature moves by billionaire entrepreneur Elon Musk, iconic Twitter artifacts have been put on the block. Musk is set to auction off an array of intriguing items from Twitter, just weeks after the platform's transformation into "X." This unique auction, entitled "Twitter Rebranding: Online Auction Featuring Memorabilia, Art, Office Assets & More!" is slated to showcase an astounding 584 lots of captivating treasures, including not just the expected office assets, but also coffee tables, remarkable bird cages, and art that once went viral.
In May, BGMI made a comeback in the Indian gaming ecosystem for a 3-month trial period after the ban on it was lifted by the Indian authorities. Now, Krafton has announced a $150 million investment in Indian gaming startups to strengthen its hold on the market. The BGMI trial will end in the next two weeks and we'll get to know if the game is going to stay or if it will again go under inspection by the Indian government.
In 2023, we have seen just about everyone come out and take a stand, either for or against, the global phenomenon of artificial intelligence. From the godfathers of AI, Geoffrey Hinton, Yoshua Bengio, and Yann LeCun, entrepreneurs such as OpenAI's Sam Altman and Elon Musk, to Hollywood celebrities such as Tom Hanks and Christopher Nolan, this disruptive technology has impacted professionals from all walks of life. And it seems even the clergymen cannot stop themselves from worrying about its potential danger. On Tuesday, Pope Francis issued a warning against the dangers of AI, highlighting its “disruptive possibilities and ambivalent effects”.
On July 29, X (formerly Twitter) owner Elon Musk rolled out Ads Revenue Sharing, a program that will share a portion of the money the company makes from the advertisers from the impressions on posts and profiles, back with the community and the content creators of the platform. Over the days, users in the US and Europe have been sharing screenshots of emails from the company telling them the amount they will receive soon. Now, yesterday, Indian creators finally began receiving similar emails, and many of them took to the microblogging platform to share screenshots of the amount they have been earning off the platform.
Tesla Inc. Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the electric-vehicle maker, a surprise shakeup that raises new questions about succession in the top ranks of Elon Musk's company.