Govt targets 20 pct growth in FDI, DDI this year
KUALA LUMPUR, March 8 — The government is targeting a 20 per cent growth in foreign direct investment (FDI) and domestic direct investment (DDI) this...
Political stability, clear policies the key factors for Amazon’s investment in Malaysia — PM Anwar
KUALA LUMPUR, March 7 — Stable political administration and clear national policies are the key factors why Amazon Web Services (AWS) chose Malaysia as its...
Tesla, AWS investments to create high-quality jobs — Minister
JOHOR BAHRU, March 6 — The proposed investments by two industry giants, Tesla and Amazon Web Services (AWS), will bring positive economic spillover to the...
Strong local E&E ecosystem attracts Tesla to Malaysia — Minister
KUALA LUMPUR, Mar 1 — The strength of the electric and electronic (E&E) sector in the country has attracted Tesla to choose Malaysia, Minister of...
Tesla gets nod to import battery electric vehicles into Malaysia — Miti
KUALA LUMPUR, March 1 — The Ministry of International Trade and Industry (Miti) has approved Tesla’s application to import battery electric vehicles (BEV) into Malaysia....
Tesla recalling 360,000 cars with self-driving software flaw
LOS ANGELES, Feb 17 — Under pressure from US federal safety regulators, Tesla on Thursday launched a recall to repair defects to the experimental “Full...
For automakers, the EV surge is everything everywhere all at once
DETROIT, Jan 27 — The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault and Nissan Motor Co to restructure their...
Tesla recalls over 400,000 vehicles in China for rear light issue
BEIJING, Dec 4 — Electric carmaker Tesla will recall 435,132 vehicles in China as a software glitch may cause tail lights to fail to illuminate,...
Indonesia says Tesla strikes US$5 bln deal to buy nickel products
JAKARTA, Aug 9 — US carmaker Tesla has signed contracts worth about US$5 billion to buy materials for their batteries from nickel processing companies in...
Twitter sues Elon Musk to hold him to US$44 bln deal
WILMINGTON, US, July 13 — Twitter Inc sued Elon Musk on Tuesday for violating his US$44 billion deal to buy the social media platform and...
Tesla lays off some 200 workers at California facility
WASHINGTON, June 29 — Electric-vehicle maker Tesla laid off 200 workers at a facility in the state of California, Sputnik quoted a Bloomberg report. The...
Tesla begins 10 pct staff cut as layoffs pace up with US recession fears
ANKARA, June 18 — United States electric carmaker Tesla has begun 10 per cent staff cuts, as layoffs paced up with recession fears in the...