Karnataka High Court held that the Rs.25 lakh addition towards gross profit was unsustainable, as the Assessing Officer and Tribunal failed to provide a rational basis for estimation, despite proper ...

Demand for Tesla’s vehicles and those of its rivals is also expected to drop through the rest of the year without the tax ...

Rivian Automotive, Inc. RIVN reported a gross profit of $206 million in the first quarter of 2025, marking its second consecutive quarter of positive gross profit and its highest gross margin to date.

Tesla reported record third-quarter revenue that beat Wall Street estimates on Wednesday, driven by the highest quarterly ...

Despite the revenue growth, the company’s declining new vehicle margins reflect ongoing normalization in the automotive retail market following the post-pandemic pricing environment. Used vehicle ...