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Can Tesla win India?  Tesla vs Indian rivals  Tesla Model Y price  Elon Musk

Can Tesla win India? Tesla vs Indian rivals Tesla Model Y price Elon Musk

Tesla officially opened its doors to Indian customers on July 15, offering its flagship Model Y SUV at a starting price of over ₹60 lakh. But with Tesla's much-anticipated entry into the Indian electric vehicle market, one question is dominating discussions in the auto industry: How disruptive will Tesla's arrival be? In this episode of Markets This Week, we break it all down. Watch now!
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'Got Humbled': Vibe Coder Caught Using AI By Boss Gets Schooled
'Got Humbled': Vibe Coder Caught Using AI By Boss Gets Schooled

NDTV

time2 minutes ago

  • NDTV

'Got Humbled': Vibe Coder Caught Using AI By Boss Gets Schooled

For a long time, writing code meant that software engineers sat long hours in front of a computer, typing out lines of instructions in a programming language. But in recent times, the rise of artificial intelligence (AI) has allowed anyone to 'vibe code', meaning the technology churns out the code after a user feeds it what they want. Now, an intern working at two places who used a similar modus operandi has revealed how the vibe conding tactic backfired for them. As per the now-viral post, the user said they were using Cursor/GPT to ship the product quickly whilst working at two companies. "I'm currently interning at 2 companies SRE at one, and SDE at a very early-stage startup (like 20 employees). At the startup, it's just me and the CTO in tech. They're funded ($5M), but super early," wrote the user in the r/developersIndia subreddit. While all was going well, the CTO of one of the companies started asking them in-depth questions about their code and this is where things turned pear-shaped. "The CTO started asking deep dive questions about the code. Stuff like, "Why did you structure it this way?" or "Explain what this function does internally." The code was mostly AI-generated, and I honestly couldn't explain parts of it properly." "He straight up told me: "I don't mind if you use AI, but you have to know what your code is doing." Then he started explaining my code to me. Bruh. I was cooked." The OP said the entire experience was 'super humbling' as he had been vibe coding without really understanding the "deeper stuff like architecture, modularisation, and writing clean, production-level code". 'How did you even...' As the post went viral, garnering hundreds of upvotes, social media users agreed with the CTO's remarks, while others questioned how the OP had landed the internship without knowing what the code meant. "I am working as QA, and you can't replace experience. You will have to learn over time. But asking questions is also a good approach. Why and how," said one user while another added: "Get to know your application's core system design. Decide your architecture which can scale in production later. Now use this as a knowledge base in Cursor/ChatGPT." A third commented: "If you can't say what that code is doing by looking at it, then how did you even get 2 internships?" A fourth said: "Best way to learn how to write clean code is reading open source project code. Hands down its the best way to learn plus have a curious mind." Notably, the term vibe coding has been popularised by Andrej Karpathy, who has worked with companies like Tesla and OpenAI.

Piaggio expects L5 electric 3-wheeler penetration to reach 50pc by mid-2028
Piaggio expects L5 electric 3-wheeler penetration to reach 50pc by mid-2028

Economic Times

time2 minutes ago

  • Economic Times

Piaggio expects L5 electric 3-wheeler penetration to reach 50pc by mid-2028

Small commercial vehicle maker Piaggio Vehicles is expecting L5 electric three-wheeler segment penetration in the domestic market reaching 50 per cent at the most by mid-2028, owing to a structural shift and other factors, a top company official has said. The company, which last month rolled out two new electric passenger three-wheelers -- the all-new Ape E-City Ultra and upgraded Ape FX Maxx- also said there is a need for the government to provide clarity on the issue of continuation of the incentives. Piaggio Commercial Vehicles Pvt Ltd (PVPL) is the Indian subsidiary of Italian auto major Piaggio Group. "There is a spike in the penetration of L5 category electric three wheelers in the country in the last one-and-a-half years. And this is when the government incentives under the FAME program have reduced to one-fourth in the same period," Diego Graffy, Chairman and Managing Director of PVPL, told PTI in an interaction. He said that if the level of penetration continues at this pace, "we expect this to reach 50 per cent by the end of 2027 or the beginning of mid-2028 even if the incentives are withdrawn, as there is a structural shift taking place in the market." There are two categories-- L5 and L3-- in the electric three-wheeler segment. L5 Category refers to three-wheeler auto-rickshaws for carrying passengers or cargo while e-carts fall in L3 category. Both the Central Government and state governments are promoting the faster adoption of EVs through various fiscal incentives to the EV buyers. The second phase of the government's flagship scheme, Faster Adoption and Manufacturing of Electric Vehicles (FAME), launched in 2019 with an initial outlay of Rs 10,000 crore, later increased to Rs 11,500 crore, ended in March last year. Subsequently, a new PM E-Drive Scheme with an outlay of Rs 10,900 crore for two years to boost EV sales, replacing FAME programme was announced in September 2024. "The Government reducing the subsidy to one-fourth in the last one-and-a-half years could have definitely been a big disruption (in terms of demand) but instead of depressing the market, it has only kept on increasing. It means that the change or the shift that is happening now is structural and not anymore incidental. And this shift is happening for multiple reasons," Graffy said. Apart from the structural shift, the factors for the higher penetration include improved charging infra, lower cost of acquisition and ease of financing and servicing. "These challenges have largely been addressed in this period leading to increased penetration, particularly of the passenger segment," he said. According to industry statistics, L5 passenger electric three-wheeler penetration accounted for 22.8 per cent in the total EV sales in FY 25 while the goods e-three-wheeler penetartion stood at 21.5 per cent in the same period. Also, in the April-June quarter of this fiscal, as much as 32.4 per cent of the total ev penetration was recorded in the passenger e-three wheeler segment and 22.8 per cent in the cargo e-three-wheeler segment. Graffy said that the adoption rate across Southern and Western parts of the country however, is still much lower, adding that, it is expected to increase in the next couple of years and when it happens, the overall penetration rate would go much higher than 50 per cent." He said that the e-commerce transition was leading to the demand for cargo e-three-wheelers, which is on the wane now while the passenger segment is picking up very rapidly due to the reason cited earlier. Due to a structural transition that we see, now the passenger segment will have a much higher rate of adoption in the next few months, he stated. He said that Piaggio Vehicles is "maintaining" more or less the pace at which the industry is growing, adding that the company keeps on renewing its product portfolio every two years since 2019 when it first introduced its e-three-wheeler in the country. "We are not doing (renewing products) so frequently unlike many other players are doing in the space. We prefer to take our time. So, we are reviving our products every two years trying to introduce new features with innovation and technology," he said. "We believe EVs are an opportunity to reshape urban transport and improve livelihoods. New ApA© E-City Ultra and ApA© E-City FX Maxx are being built with these realities in mind. They deliver what the Indian customer needs: best in class range, low battery degradation, strong performance, and minimal operating costs," Graffy said on the launch of the two models, which are priced at Rs 3.80-lakh and Rs 3.30 lakh, respectively. "These vehicles are enablers of economic mobility, future-ready solutions that can scale across cities and small towns alike. Our focus is not only on innovation but also on contributing to a more inclusive and sustainable future," he said. On the incentives, he said," uncertainty on (the continuation) of the incentives is definitely very disturbing and some clarity going forward is required." "Even if the government wants the incentives to discontinue from a particular date, declare it clearly so that every OEM can plan the strategy accordingly," Graffy said.

'No review of pacts, duty on US goods': MEA on speculation over India's response to Trump's tariff; 'disinformation being spread'
'No review of pacts, duty on US goods': MEA on speculation over India's response to Trump's tariff; 'disinformation being spread'

Time of India

time11 minutes ago

  • Time of India

'No review of pacts, duty on US goods': MEA on speculation over India's response to Trump's tariff; 'disinformation being spread'

MEA FactCheck NEW DELHI: The ministry of external affairs on Sunday debunked claims doing the rounds on social media that "India is considering suspending or reviewing certain bilateral agreements with the United States if hostile economic policies continue". Posting a snapshot from two X handles -- Middle Eastern Affairs and China in English, the foreign ministry said: "Disinformation being spread on X". — MEAFactCheck (@MEAFactCheck) This comes at a time when India-US trade relations hit a bump after US President Donald Trump declared a 25 per cent tariff on Indian goods, even as both nations continue to negotiate a trade deal. Trump also warned of additional penalties on India for buying Russian arms and oil and expressed displeasure over BRICS, of which India is a member, and called India a "dead economy". Meanwhile, Prime Minister Narendra Modi on Saturday made a strong appeal for reviving the spirit of Swadeshi, urging Indians to prioritise locally-made products and stand united in the face of growing global economic uncertainty. Speaking at a public meeting in his Varanasi Lok Sabha constituency, PM Modi warned that the world economy is entering a phase of instability and unpredictability. Calling for a nationwide movement to support indigenous industry, the Prime Minister said the time had come for every Indian, across political lines, to rise above partisanship and back the local economy. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trapani: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo "This is not just about Modi saying it, every Indian should say this, if we want India to become the third-largest economy, every political party and every leader, keeping aside their hesitations, must work in the nation's interest and awaken the spirit of Swadeshi among the people," he said.

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