Try GOLD - Free
Musk's big robot bet
Mint Bangalore
|January 30, 2026
Is Tesla about to shift its business focus from electric vehicles (EVs) to humanoid robots?
-
Hit by Chinese rivals like BYD, the EV maker reported its first-ever annual drop in revenue, down 3% to $94.8 billion in 2025.Its chief Elon Musk has said it will quit rolling out its pricey S and X models. Musk's self-confessed love of the letter 'X' makes the latter's withdrawal a surprise. But then, business logic must prevail. Tesla's
This story is from the January 30, 2026 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
Treks, digs, new vistas to draw tourists
Trekking trails in the Himalayas and the Ghats, archaeological sites such as the Indus Valley Civilisation excavations in Gujarat and Haryana, and Buddhist sites in the Northeastern states are among places the Centre has proposed for thematic tourism.
1 mins
February 02, 2026
Mint Bangalore
Power surge for beleaguered discoms: ₹18,000 crore for reforms
The government has allocated ₹18,000 crore in the budget for FY27 for the revamped distribution sector scheme (RDSS) amid a renewed push to reform power distribution.
3 mins
February 02, 2026
Mint Bangalore
The budget's focus on capabilities reveals its long view
The macroeconomic numbers for India’s economy would be the envy of others.
3 mins
February 02, 2026
Mint Bangalore
Centre to retain states’ share of central taxes at 41% for FY27-31
The central government has decided to retain states’ share in the central government's divisible pool of taxes at 41% for the five-year period starting FY27, in line with the recommendations ofthe Sixteenth Finance Commission (SFC) chaired by economist Arvind Panagariya.
2 mins
February 02, 2026
Mint Bangalore
Budget balancing of capex, deficits
build domestic capacity in key intermediate goods such as pharmaceuticals, rare earths, semiconductors, electronic components, and chemicals.
1 min
February 02, 2026
Mint Bangalore
The budget adheres to a tried and tested formula
India's 2026-27 budget may broadly be apt for now. But as fiscal policy adopts a distant debt target, the Centre must remain adaptive—and ready to contain any big-spender instincts
2 mins
February 02, 2026
Mint Bangalore
STILL BUILDING: CAPEX TAP KEEPS FLOWING
₹12.2 trillion allocated for infrastructure development in FY27, an increase of 8.83% from last year's ₹11.21 trillion
3 mins
February 02, 2026
Mint Bangalore
Duty breaks to boost battery production
Finance minister Nirmala Sitharaman announced a slew of exemptions on basic customs duty (BCD) for equipment and raw material imported to develop a domestic clean power ecosystem.
2 mins
February 02, 2026
Mint Bangalore
Sindoor effect: India’s capital outlay for defence jumps 18%
India has increased the capital outlay for defence by about 18% to nearly ₹2.2 trillion for the financial year starting 1 April (FY27), as the country looks to acquire sophisticated weapons and modernise its military assets amid rising security risks.
2 mins
February 02, 2026
Mint Bangalore
Shock to the system: Power sector funders to get a rejig
Finance minister Nirmala Sitharaman on Sunday announced the restructuring of state-owned Power Finance Corp. (PFC) and its arm REC Ltd (formerly Rural Electrification Corp.), as part of the government's broader vision for non-banking financial companies (NBFCs).
2 mins
February 02, 2026
Listen
Translate
Change font size