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“#Tesla cruises past estimates, reports electrifying quarter” Electric-car maker Tesla on Monday beat Wall Street expectations for second-quarter profit and revenue as record deliveries offset the impact of a prolonged global shortage of chips and raw materials. Shares of the world’s most valuable automaker closed up 2.2 percent, at 657.62, and rose to 667.01 in extended trading….
“#Revel to launch Tesla taxis in NYC after row with city regulators” Electric transportation company Revel plans to launch its fleet of Tesla taxis in Manhattan next week after a heated battle with New York City regulators. The service will launch next Monday and provide rides in 50 Model Y Teslas in Manhattan south of…
“# Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2 ” Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets. Sentiment-driven analysis from The TIE and eToro USA…
“# SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC is becoming greener ” Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC). The company is yet to officially announce how much Bitcoin it has purchased, however Musk’s other company Tesla purchased $1.5B of the cryptocurrency…
“#Elon Musk says Tesla will ‘most likely’ start accepting bitcoin again” Elon Musk on Wednesday said Tesla will “most likely” start accepting bitcoin again as more renewable energy is being used to mine the digital currency. Tesla first started accepting bitcoin as payment for its electric cars in March, but discontinued the practice in May…
“# Elon Musk says Bitcoin may have already hit his benchmark on renewable energy ” Tesla CEO Elon Musk has hinted the crypto industry is on its way towards a greener future, but the car manufacturer won’t be accepting Bitcoin payments just yet. Speaking at The ₿ Word, a virtual Bitcoin (BTC) event with Twitter…
“#NYPD buys $47K Tesla Model 3 for highway patrol division” The NYPD has added a new eco-friendly ride to its fleet: a Tesla Model 3, The Post has learned. The luxury electric vehicle — which came with a $47,740 price tag — will be used by the department’s highway patrol division, city records show. The…
“# Bitcoin may have played a role in Tesla’s decorrelation from Big Tech ” Market analysts are arguing that Tesla’s exposure to Bitcoin (BTC) may be the reason for its sharp decorrelation from Big Tech in recent weeks. As of Wednesday, July 14, the 20-day correlation between the company’s price and the Nasdaq 100 index…
“#Elon Musk defends Tesla’s $2.6B SolarCity purchase in court” Tesla CEO Elon Musk took the stand on Monday to defend his company’s 2016 purchase of ailing solar panel maker SolarCity — and head off a possible judgement that could force him to personally shell out more than $2 billion. Tesla shareholders are suing Musk in…
“#Tesla’s newest self-driving update comes with ominous warning” Tesla started rolling out a long-delayed update to its “self-driving” software over the weekend — but the company warned drivers to not fall asleep at the wheel just yet. The new update — a new beta version of Tesla’s autonomous-driving software that costs $10,000 — allows cars…