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Driving in the slow lane

Financial Express Kochi

|

January 23, 2026

IF TESLA WERE TO MAKE THE MOST OF ITS IMMENSE BRAND POWER IT HAS TO WORK ON NETWORK EXPANSION IN THE COUNTRY AND LOCAL ASSEMBLY TO REDUCE PRICES

- KARTIKAY KASHYAP

IT HAS BEEN close to six months since Tesla’s India debut in July 2025, but the Elon Musk-led EV giant seems to be struggling to notch up the numbers that justify the early hoopla. According to figures available on the Vahan Dashboard, Austin, Texas-based brand managed to register around 226 units in 2025. Competitors in the luxury vehicle segment, including BMW and Mercedes, are far ahead.

Of course these brands have been around longer but their sales figures speak about the potential of the segment. BMW registered 1,960 EV units in the second half of 2025, while Mercedes registered 312 units during the same period.

Overall, BMW is the leader in the luxury EV segment, with total sales ballooning 200% year-on-year (YoY) to 3,753 units in 2025. The company claims that its iX1 model, which competes directly with Tesla’s Model Y, was the highest-selling EV in the luxury segment last year.

Financial Express Kochi からのその他のストーリー

Financial Express Kochi

CSB Bank profit flat on higher provisions

CSB BANK'S NET profit for the quarter ended December was largely flat year-on-year (yo-y) at ₹153 crore, weighed down by higher provisions and a deterioration in asset quality.

time to read

1 min

January 29, 2026

Financial Express Kochi

Before IPL, Rajasthan Royals gets $1.3-bn offer

THE OWNER OF the Rajasthan Royals (RR) has invited four groups to proceed to the next round of bidding for the Indian Premier League (IPL) cricket team, including a consortium led by Times Internet chairman Satyan Gajwani and another backed by US-based entrepreneur Kal Somani.

time to read

1 mins

January 29, 2026

Financial Express Kochi

Sexsex climbs 487 points as indices extend gains

Investors richer by %5.9 lakh crore

time to read

1 mins

January 29, 2026

Financial Express Kochi

ARCs seek faster recovery process, clarity in taxation

ASSET RECONSTRUCTION COMPANIES (ARCs) are looking to the forthcoming Budget for sharper tools, cleaner processes, and tax structures that genuinely reward risk capital.

time to read

2 mins

January 29, 2026

Financial Express Kochi

Amazon to cut 500 jobs in India amid global layoffs

AMAZON IS SET to lay off more than 500 employees in India as part of its latest global workforce reduction, which will see about 16,000 roles cut worldwide, according to people familiar with the matter.

time to read

1 min

January 29, 2026

Financial Express Kochi

Amazon to fire 500 in India

A SIGNIFICANT PORTION of the India-based workforce supports global teams and leadership roles.

time to read

1 mins

January 29, 2026

Financial Express Kochi

Budget may double down against external threats

Steps to boost capital inflows, exports likely

time to read

1 min

January 29, 2026

Financial Express Kochi

Budget to tackle external threats

THOUGH THERE WILL be no change in the stated policy to allow the rupee's value to be market-determined, policymakers have taken note of the rising costs of imported machinery and intermediates caused by the weaker local currency, and its dampening impact on the investment climate.

time to read

3 mins

January 29, 2026

Financial Express Kochi

Time running out: Trump warns Iran

US PRESIDENT DONALD TRUMP warned Iran to make a nuclear deal with the US or face military strikes far worse than the attack he ordered last June, ratcheting up pressure on the regime even as regional leaders sought to spur fresh diplomacy between the adversaries.

time to read

1 min

January 29, 2026

Financial Express Kochi

Solar ingot, wafer making may get ₹6,000-cr push

THE UNION BUDGET may provide ₹5,000-6,000 crore in incentive support for domestic manufacturing of solar ingots and wafers, as the government looks to strengthen the country's upstream solar supply chain, officials familiar with the discussions said, reports Saurav Anand.

time to read

1 min

January 29, 2026

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