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🚀 Tesla's Wild Ride, Reliance's Big Moves & More Inside

Author

Masala Chai
April 26, 2025

🌟 Good morning, legends!

It's a brand new day and your favorite brew is back — packed with spicy headlines, piping-hot market moves, and startup drama hotter than a Mumbai summer. 😌 From Reliance's next-gen shakeup to a global trade dance-off and a Tesla surge that would make even the BSE jealous — we've poured it all into today's cup.

Let's dive in! ☕️

☕ Chai Shots

  • 🚕 Reliance Puts Anant Ambani In The Driver’s Seat: Anant Ambani is stepping into executive shoes at Reliance Industries, with a 5-year term starting May 1, 2025. Shareholders still have to nod yes — but the next-gen transition has officially begun!

  • 🌿 India Pulls 170 Million Out Of Poverty: The World Bank says India slashed extreme poverty to just 2.3% — a jaw-dropping leap from 16% a decade ago. Rural India led the way!

  • 🏦 Retail Rush at Reliance: Reliance Retail's Q4 profit zoomed up 29% to Rs 3,545 crore, with new stores popping up like mushrooms after rain. Digital commerce now powers 18% of their sales!

  • 📈 Tesla Rockets 9.8% on Self-Driving Hopes: Tesla stock zoomed nearly 25% this week thanks to new US rules on self-driving cars and growing India buzz. (More on this in The Big Brew below! ☕️)

🌐 Market Masala

  • 📉 Sensex and Nifty Slide as Tensions Flare Up: After a strong start, the Sensex tanked 589 points to close at 79,213, and the Nifty dropped 207 points to end at 24,039. Escalating tensions between India and Pakistan after a deadly Pahalgam attack spooked investors, triggering a sharp midday sell-off across markets.

  • 🚨 Banks and Autos Lead the Drop: Major stocks like Axis Bank, Zomato, Bajaj Finserv, and Tata Motors tumbled 2–3%, dragging the broader market down. Meanwhile, IT giants like TCS and Infosys, along with UltraTech Cement, provided a sliver of hope as defensive plays gained ground amidst the chaos.

  • 📈 Reliance Lifts The Mood: Despite the broader dip, RIL’s strong Q4 numbers and major succession moves are keeping spirits high in Dalal Street.

  • ✨ IntrCity Doubles Down: Mobility platform IntrCity SmartBus clocked a 70% revenue spike to Rs 500 crore in FY25, targeting a cool Rs 1,000 crore by FY27.

  • 💰 Jio And Retail Anchor Reliance Growth: Both arms reported double-digit revenue and profit growth, powering Reliance's broader resilience even amid global uncertainty.

🌐 Global Masala

  • 💰 Wall Street Stays Winning: The S&P 500 extended its hot streak to four days, locking in its best weekly performance since January! 📈 Tech giants like Tesla, Alphabet, and Nvidia fueled the rally, helping traders look past all the tariff drama. With a 4.6% gain for the week, Wall Street seems to be betting that the worst of the tariff tremors might already be behind us (for now).

  • 🌐 Southeast Asia Backs Itself In Trade Wars: Instead of picking sides in the messy US-China tariff slugfest, countries like Vietnam, Malaysia, and Cambodia are playing their own game. 🌏

  • 🌟 Europe’s Balancing Act: The European Central Bank is cautiously optimistic — inflation is cooling faster than expected, but leaders are sipping their champagne carefully. 🥂 Rising tariffs and jittery global demand could still trip up Eurozone growth, making it harder for policymakers to relax just yet.

🍵 The Big Brew: Tesla’s Robotaxi Dreams Just Got A Green Light

Hold onto your seatbelts — Tesla just shifted gears in a big way! 🚗⚡

Here’s why Elon Musk’s robotaxi dream is suddenly zooming closer to reality:

  • 🛣️ Roads Opening Up: The US Department of Transportation (DOT) unveiled a new framework for self-driving cars, easing regulations that previously tied automakers’ hands. Now, even autonomous vehicles without rearview mirrors can hit the road legally — and minor crashes won’t need immediate reporting. Less red tape = more Tesla joyrides!

  • 🇺🇸 Race Against China: Transportation Secretary Sean Duffy made it crystal clear: the US is "racing with China to out-innovate," and pushing self-driving cars onto roads faster is a key part of that plan. 🚀 The new framework is meant to give American companies like Tesla a turbo boost.

  • 🤖 Robotaxi Rollout Incoming: Musk dropped major news during Tesla’s earnings call: a pilot robotaxi service is launching this June in Austin, Texas, with an initial fleet of 10–20 fully autonomous vehicles! 🚕 If all goes well, Tesla plans to expand to multiple US cities by year-end and target millions of self-driving Teslas by late 2026.

  • 🔧 Focus Mode: Activated: After months of juggling political gigs, Musk pledged to "spend far more time at Tesla" starting next month. 🛠️ Investors breathed a sigh of relief, given worries that Tesla was losing its CEO’s undivided attention.

  • 📉 Stock Rebound in Motion: Tesla’s stock, which had been battered by weak earnings (including a 71% profit plunge), staged a wild comeback. Shares surged nearly 10% on Friday alone and ended the week 18% higher — even though they’re still down ~29% year-to-date. 📈

  • 🛡️ Built for Tariff Turbulence: Musk also reassured investors that Tesla's localized supply chains in the US, Europe, and China would help shield it from the worst impacts of Trump’s ongoing tariff storms. 🌪️


Between regulatory tailwinds, Musk’s refocus, and an aggressive robotaxi rollout plan, Tesla just found fresh fuel for its future. 🚀 Still, big questions remain around tech readiness, consumer adoption, and competition — but for now, the road ahead looks a lot less bumpy.

💡 Startup Scoop

☕ Chai Break Trivia

🚂 Did you know the longest railway platform in the world is in India? 🇮🇳
The Hubballi railway station in Karnataka has a platform stretching over 1.5 kilometers — that's almost 15 football fields lined up! 🏟️🚉

Catch you tomorrow, masala fam! Until then, sip slow, scroll smart. 🧜‍♂️☕️

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