Elon Musk says Tesla can’t yet launch in India

It looks like Tesla won’t be coming to India anytime soon. CEO Elon Musk suggested on Monday that plans to begin selling cars in India as soon as this summer have been delayed. “Maybe I’m misinformed, but I was told that 30% of parts must be locally...

Ford CEO Mark Fields ‘Retires’

Mark Fields was at the helm of Ford since mid-2014. Replacing Fields as Ford CEO is Jim Hackett, former CEO of Steelcase Inc. Hackett has led Ford Smart Mobility LLC since March 2016 and served on the American automaker’s board from 2013 to 2016. Ford said in its...