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Sam Altman, CEO of OpenAI attends the annual Allen and

Opendoor shares popped about 10% on Friday after CEO Carrie

Applied Materials shares plunged more than 13% after the semiconductor

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Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8,

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Tesla’s India head resigns ahead of long-awaited market entry: Report

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Tesla’s India head resigns ahead of long-awaited market entry: Report

Tesla’s country head for India has stepped down after nearly nine years with the electric vehicle giant, just as the company moves closer to launching operations in one of the world’s fastest-growing auto markets, according to a report by Bloomberg News.The report, citing sources familiar with the matter, stated that Tesla’s China team will now oversee Indian operations, and no immediate successor has been named. Menon is also reportedly stepping down as the chairman of Tesla India’s board.Tesla, led by CEO Elon Musk, has been eyeing an India entry for years, and the recent developments suggest that the company is finally putting pieces in place. Despite the leadership shake-up, Tesla appears to be pushing ahead with its plans, having secured retail showroom locations and posted close to two dozen job openings in India. These include roles in store management, service operations, and customer relations—clear indicators of an impending launch.The timing of Menon’s exit coincides with ongoing trade talks between India and the US, which could lead to a lowering of auto import tariffs. Such a move would be a major win for Tesla, which aims to import and sell cars in India before potentially ramping up local production.





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