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Driving in the slow lane

Financial Express Delhi

|

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.

FLERE HISTORIER FRA Financial Express Delhi

Financial Express Delhi

If farmers matter, so should tobacco FDI

EVERY BUDGET SEASON arrives like a Bollywood sequel: familiar cast, recycled dialogues, glossy new poster.

time to read

3 mins

January 29, 2026

Financial Express Delhi

The silent salesman

LABELBLIND'S PLATFORM HELPS CREATE REGULATORY-COMPLIANT FOOD LABELS

time to read

2 mins

January 29, 2026

Financial Express Delhi

Maruti profit misses Street

Higher costs and one-time expenses dent profit despite higher demand

time to read

2 mins

January 29, 2026

Financial Express Delhi

ICRIER study calls for fertiliser subsidy cap

A NEW STUDY has recommended direct cash transfer of amounts matching the current fertiliser subsidy levels to farmers’bankaccounts with seasonal adjustments.

time to read

1 mins

January 29, 2026

Financial Express Delhi

Centre weighs ₹5-6K-cr push to localise solar ingots, wafers

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 India’s upstream solar supply chain, officials familiar with the discussions said.

time to read

1 mins

January 29, 2026

Financial Express Delhi

‘Asset quality to improve in next 2 qtrs’

CSB Bank delivered a strong operational performance in the December quarter and expects the asset quality to improve over the next two quarters, Managing Director and CEO Pralay Mondal tells Kshipra Petkar in an interview.

time to read

1 mins

January 29, 2026

Financial Express Delhi

India-EU deal: Advocacy group cautions against weakening of patent rules

PATIENT ADVOCACY GROUP Working Group on Access to Medicines and Treatment has raised concerns over the latest India-EU free trade agreement (FTA) asking for the government to release the full text of the agreement for public scrutiny and place it before the Parliament for discussions prior to signing to enable debate on the FTA’s implications forthe pharmaceutical sector.

time to read

1 min

January 29, 2026

Financial Express Delhi

Budget may double down against external threats

Steps to boost capital inflows, exports likely

time to read

1 min

January 29, 2026

Financial Express Delhi

China clears Nvidia H200 chip buys

CHINA HAS GIVEN the green light to three of its largest tech companies to buy Nvidia's H200 artificial intelligence chips, four people familiar with the matter told Reuters, marking a shift in position as Beijing seeks to balance its AI needs against spurring domestic development.

time to read

1 min

January 29, 2026

Financial Express Delhi

Excise revenue bucks declining trend, growth seen above 10% this fiscal

AMID FALTERING OVERALL tax collections so far in FY26 (2025-26), Union excise duty collections are poised to reverse the recent declining trend.

time to read

1 mins

January 29, 2026

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