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“# Pundits say Bitcoin’s brutal quarter could see Tesla report up to a $100M loss for Q2 ” Bitcoin’s second-quarter price battering has pundits speculating that Tesla may have to report a loss of up to $100 million for Q2. With the price of Bitcoin recently dropping to revisit levels last seen in January, CNBC…
“#Model S Plaid that burst into flames owned by exec of Tesla backer” A brand-new Tesla Model S Plaid that burst into flames in Pennsylvania on Tuesday was owned by a top executive at one of Tesla’s biggest investors, with a stake worth more than $1 billion, The Post has learned. Bart Smith — the…
“#Elon Musk praises China’s economy on Communist Party’s anniversary” Elon Musk heaped praise on China’s economic development late Wednesday night as the Communist Party celebrated its 100th anniversary in power. Musk lauded the country’s development in response to a tweet from state-media outlet Xinhua News that included a quote from Chinese President and Communist Party Chairman…
“#Tesla Model 3’s ‘Top Pick’ status restored after safety concerns” Consumer Reports has restored its “Top Pick” rating on the Tesla Model 3 after new tests showed the car’s new camera-based safety systems are effective. The consumer advocacy group had revoked the Model 3’s coveted recommendation in May after Tesla dropped radar systems from its…
“#Biden admin praises Revel after NYC snubs its Tesla taxi plans” The Biden administration on Tuesday signaled support for Brooklyn startup Revel just days after the e-transportation company was snubbed by New York City regulators. Energy Secretary Jennifer Granholm, who was nominated by Biden and confirmed in February, donned a pair of Revel-branded sunglasses in…
“#Tesla recalls 285K cars in China” Chinese regulators announced over the weekend that Tesla would “recall” about 285,000 of its Model 3 and Model Y cars in the country for an online software update related to assisted driving. The so-called recall does not require drivers to return their vehicles, China’s State Administration for Market Regulation said…
“#Anti-biz NY loses out again — as upstate chipmaker invests in Singapore” Good news: Upstate chip manufacturer GlobalFoundries is investing $4 billion in a new factory. Bad news: The factory will be located in . . . Singapore. Not New York. Only two months ago, the giant chipmaker announced it was moving its corporate headquarters to its state-of-the-art Fab 8…
“# Elon Musk agrees to speak with Twitter CEO Jack Dorsey at Bitcoin event ” Tesla CEO and Dogecoin enthusiast Elon Musk may be speaking at an event aimed at educating institutional investors on Bitcoin. In a Twitter discussion with Jack Dorsey overnight, Musk agreed to speak at The ₿ Word, a July 21 virtual…
“# 50,000 electric vehicle charging stations in Europe to offer crypto payments ” Two payments firms have partnered to roll out crypto payments across 50,000 electric vehicle (EV) charging stations in Europe. The partnership is between Irish e-commerce and mobile payment solutions firm HIPS Payment Group Ltd and Vourity, a Swedish firm that specializes in…
“#Revel says it will launch ‘Tesla taxis’ despite NYC TLC ban” The battle over putting Tesla taxis on the streets of New York is kicking into high gear. Electric transportation startup Revel said late Wednesday it will launch its all-Tesla ride-share service soon — despite the fact that the city’s Taxi and Limousine Commission voted…