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“# Tesla books huge profit from Bitcoin sale in Q1 ” Tesla Motors sold a portion of its Bitcoin (BTC) holdings in the first quarter of 2021, generating net proceeds of $272 million, the electric vehicle maker reported Monday. In a 30-page slide deck accompanying its quarterly financial results, Tesla noted a $101 million “positive…
“#Elon Musk hosting ‘SNL’ sparks outrage from show’s stars” Knock, knock. Who’s there? Elon Musk. And the typically chucklesome cast of “Saturday Night Live” is not laughing. Giggles turned to groans for some members of the “SNL” ensemble Saturday when NBC announced that Musk, 49, will helm their sketch comedy show as host alongside musical…
“# Binance to launch Microstrategy, Apple, and Microsoft stock tokens ” Top crypto asset exchange Binance has announced it will list three new stock tokens over the coming week, following the launch of tokens tracking the performance of Tesla and Coinbase shares earlier this month. On April 26, Binance announced it will launch tokenized stock…
“# The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining ” Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who…
“# YouTuber claims he’ll buy 111 Tesla Model 3s… if Elon Musk accepts Bitcoin Cash ” A Bitcoin Cash (BCH) YouTuber has promised to buy 111 Tesla Model 3s … but only if Tesla CEO Elon Musk agrees to accept BCH for Tesla purchases from now on. Going by the title “1stmil.com,” the Australian YouTuber…
“#Tesla cars can drive with no one in the driver’s seat, Consumer Reports says” Consumer Reports engineers were able to operate a Tesla vehicle without anyone in the driver’s seat, and the system failed to send out a warning or indicate that the driver’s seat was empty, the magazine said Thursday. The engineers tested Tesla Model Y this…
“# EU regulators reportedly scrutinize Binance over securities law compliance ” Cryptocurrency exchange Binance’s latest product — digital stock tokens representing fractions of equity shares like Tesla and Coinbase — is reportedly being studied by European and British regulators over its possible non-compliance with securities laws. A new report from the Financial Times claims that…
“#Tesla apologizes for handling of customer complaint in China” Tesla offered a rare mea culpa in China after an angry customer’s unruly protest over the safety of its electric cars went viral this week. The dustup started Monday at Tesla’s booth at the Shanghai Auto Show. Video footage of the incident circulated on social media,…
“#Texas police to demand data after deadly Tesla crash: report” Elon Musk claims Tesla’s controversial Autopilot feature isn’t to blame for a deadly crash in Texas over the weekend — and the police want proof. Texas police will reportedly serve Tesla with search warrants demanding data related to the crash, in which a car plowed…
“#Mercedes rolls out luxury electric car in duel with Tesla” Mercedes-Benz parent Daimler AG on Thursday unveiled a battery-powered counterpart to its top Mercedes luxury sedan as German carmakers ramp up their challenge to electric upstart Tesla. The EQS is the first Mercedes-Benz vehicle to be built on a framework designed from the start as…