News
Indian State of Delhi scraps electric vehicle subsidies
The Indian State of Delhi has decided to do away with electric vehicle subsidies, incentivizing drivers to purchase EVs.
New reports from various Indian media outlets have stated that the country’s electric vehicle policy has been revised with the intention of withdrawing EV subsidy programs that offer rebates when EVs are purchased. The move is somewhat shocking, considering several Indian government officials are petitioning for large-scale battery manufacturers to set up production lines in India. Additionally, several well-known EV companies, including Tesla, are attempting to enter the market with the help of government officials who are attempting to reach terms with the Silicon Valley-based car company that would see its EVs enter the market through imports.
Delhi offered electric vehicle drivers a subsidy of ₹10,000 ($135) per kWh of battery capacity, with benefits being capped at ₹1.5 lakh ($2,020) per vehicle. Drivers also had road tax and registration fees waived when purchasing an electric vehicle.
Earlier this week, Delhi Transport Minister Kailash Gahlot said that the government was planning to scrap the subsidies for passenger and privately-owned vehicles in favor of two-wheeler, freight, and public transport vehicles instead. “The electric cars segment has received the required push in Delhi. Our focus now is to tap the two-wheeler, freight, and public transport segments of electric vehicles (EVs) as they constitute a major chunk of Delhi’s over 10 million registered vehicles. They also ply on the road more as compared to private cars, thereby causing more pollution,” Gahlot said to the Hindustan Times.
The government now wants to offer subsidies to those who are in need of more benefits and breaks, which includes the commerce and logistics sectors. “Actually, a subsidy is not required for e-cars as such because those who can afford to pay around ₹15 lakh for a vehicle do not care if the cost is ₹1-2 lakh more, sans the subsidy,” Gahlot said. “Our aim is to provide the subsidy to those who need it the most, and they include auto drivers, two-wheeler owners, delivery partners, and so on.”
Delhi has only offered EV subsidies since August 2020. However, the offerings have established a notable amount of demand from Indian consumers. Politicians hope that the incentives, when offered to commercial entities, will have the same effect. “We are witnessing good results of our electric vehicle policy, and the adoption of such vehicles is gaining pace. We are committed to realizing the dream of making Delhi the country’s electric vehicle capital, according to the vision of Chief Minister Arvind Kejriwal,” Gahlot also said.
Delhi has registered 7,869 EVs from July to September, with August and October showing increased figures of 22,805 units purchased. In just four months, the State has registered nearly 31,000 EVs, meaning the incentives have worked. It still accounts for a small portion of the total automotive market in the region, which spans across 10 million total registered vehicles in the private sector.
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Elon Musk
Tesla China posts strong February wholesale growth at Gigafactory Shanghai
The update was shared by Tesla observers on social media platform X, citing monthly China Passenger Car Association (CPCA) data.
Tesla China sold 58,599 vehicles wholesale in February, reflecting strong year-over-year growth. The figure includes both domestic deliveries in China and vehicles exported to international markets.
The update was shared by Tesla observers on social media platform X, citing monthly China Passenger Car Association (CPCA) data.
Tesla’s February wholesale result represents a 91% increase year over year, compared with 30,688 vehicles in February 2025. Month over month, the result was down 15.2% from January, when Tesla China recorded 69,129 wholesale units.
The February total reflects combined sales of the Model 3 and Model Y produced at Gigafactory Shanghai. The facility produces the two vehicles for both domestic sales and exports.
Gigafactory Shanghai continues to serve as Tesla’s primary vehicle export hub, supplying vehicles to markets across Asia and Europe. Data compiled by Tesla watchers shows that 18,485 vehicles were sold domestically in China in January 2026, while exports accounted for 50,644 units during the same period.
Tesla has also been extending financing programs in China as it pushes to strengthen domestic demand. The company recently extended its seven-year ultra-low-interest and five-year interest-free financing programs through March 31, marking the second extension of the promotion this year.
The financing initiative was first introduced on January 6 as a strategy aimed at offsetting higher ownership costs ahead of China’s planned 5% NEV purchase tax in 2026. The promotion was originally scheduled to expire at the end of January before being extended to February and then again through the end of the first quarter.
Tesla’s efforts come amid growing competition in China’s EV market. According to data compiled by CNEV Post, Tesla’s 2025 retail sales in China reached 625,698 vehicles, representing a 4.78% year-over-year decline. Part of that decline was linked to the Model Y changeover to its updated variant in early 2025, which temporarily reduced deliveries during the transition period.
News
Tesla Model Y L spotted on transport trucks in Australia
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
Tesla’s upcoming Model Y L has been spotted on transport trucks in Australia. Sightings of the six-seat extended wheelbase Model Y variant have been reported on social media platform X by members of the Australian Tesla community.
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
The sighting follows earlier observations by Tesla enthusiasts in Sydney, where a covered vehicle believed to be a Model Y L was spotted at a Supercharger.
The Sydney sighting drew attention after observers noted that the vehicle’s tare weight appeared to match the ADR approval listing for the Model Y L, suggesting it could indeed be the extended wheelbase variant of the electric SUV.
Tesla has previously confirmed that the Model Y L will launch in Australia and New Zealand in 2026. The confirmation was reported by techAU following a media release from Tesla Australia and New Zealand.
The Model Y L expands the existing Model Y lineup with seating for six passengers. The vehicle features a longer body compared with the standard Model Y in order to accommodate a spacious second and third row.
Tesla has opted for a 2-2-2 seating configuration instead of a traditional seven-seat layout for the Model Y L. The design includes two individual seats in the middle row to provide easier access to the third row and additional passenger space.
Tesla Australia and New Zealand has also stated that the Model Y L will be covered under the company’s updated warranty structure beginning in 2026.
Tesla has not yet announced pricing or official range figures for the Model Y L in Australia.
Elon Musk
Elon Musk shares timeframe for X Money early public access rollout
X Money is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Elon Musk has stated that X Money, the digital payments system being developed for social media platform X, is expected to enter early public access next month.
The update was shared by Musk in a post on X. “𝕏 Money early public access will launch next month,” Musk wrote in his post.
As noted in a Reuters report, X Money is being developed as a digital payment service that’s directly integrated into the X platform.
The system is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Musk has previously discussed plans to introduce payments and financial services as part of X’s broader development.
Since acquiring the platform in 2022, Musk has discussed expanding X to include a range of services such as messaging, media, and financial tools.
Elon Musk has shared his goal of transforming X into an “everything app.” During a previous podcast interview with members of the Tesla community, Musk mused about turning X into something similar to China’s WeChat, which allows users to shop, pay, communicate, and perform a variety of other tasks.
“In China, you do everything in WeChat… it’s kickass… Outside of China, there’s nothing like it, people live on one app. My idea would be like how about if we just copy WeChat,” Musk joked at the time.
To prepare for the rollout of X Money, X has partnered with payment company Visa to support the development of payment services for the platform’s users. The move could allow X to tap into the growing demand for digital and in-app financial transactions as the company builds additional services around its existing user base.