Today in an SEC filing, Tesla disclosed that it has acquired $1.5 billion in bitcoin, the popular cryptocurrency. Moreover, the company noted that it may also accept bitcoin in the future as a form of payment for its cars, though it did allow that there is some regulatory uncertainty around that effort. As the news… Continue reading Tesla buys $1.5B in bitcoin, may accept the cryptocurrency as payment in the future
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The Station: Uber slurps up Drizly, Ford doubles its EV budget and Rad Power Bikes plots an expansion
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to… Continue reading The Station: Uber slurps up Drizly, Ford doubles its EV budget and Rad Power Bikes plots an expansion
SoftBank’s Vision Fund posted a record $8 billion profit in the third quarter as its bets on DoorDash and Uber paid off
SoftBank boss Masayoshi Son steered the group to a record profit, but his derivatives trading fell flat Tomohiro Ohsumi/Getty Images SoftBank’s Vision Fund made a record $8 billion (844 billion yen) profit in the final three months of the year as its bets on Uber and food delivery service DoorDash paid off, its third-quarter earnings… Continue reading SoftBank’s Vision Fund posted a record $8 billion profit in the third quarter as its bets on DoorDash and Uber paid off
10 rising stars at self-driving companies like Waymo, Aurora, and Cruise share their best career advice
Derek Phillips, 24, Kodiak Robotics Kodiak Robotics Try to figure out what kind of company you’d like to work for, Phillips said. Finding a company that makes you excited to come to work every day is the most important step you can take to start your career on the right foot. Hana Lodhi, 26, Waymo… Continue reading 10 rising stars at self-driving companies like Waymo, Aurora, and Cruise share their best career advice
GENERATION ROBINHOOD: How the trading app conditioned its inexperienced users to obsessively play the market
By all indications, Robinhood has become the investing app for beginner retail traders. Its sleek design, flashy features, and simple interface have attracted 13 million users since 2013. Insider spoke with 10 users and industry experts to find out how Robinhood has transformed trading. Visit Business Insider’s homepage for more stories. James Orellana was waiting… Continue reading GENERATION ROBINHOOD: How the trading app conditioned its inexperienced users to obsessively play the market
Tesla sends bitcoin to record high with $1.5bn investment
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Tesla to accept bitcoin as payment in ‘near future’ after $1.5 billion investment
Tesla says it has invested $1.5 billion in the bitcoin cryptocurrency. The electric car manufacturer filed its annual 10-K report with the SEC this morning, and revealed the new bitcoin investment. Tesla says it will also “begin accepting bitcoin as a form of payment for our products in the near future.” Tesla customers have been… Continue reading Tesla to accept bitcoin as payment in ‘near future’ after $1.5 billion investment
Chinese EV startup Byton explores listing via SPAC deal: Sources
Byton was launched in 2017 by Future Mobility Corp, a company co-founded by former BMW and Nissan Motor executives. SHANGHAI: Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters. Byton, whose… Continue reading Chinese EV startup Byton explores listing via SPAC deal: Sources
Amazon eyes global ride aboard Mahindra Electric’s Treo Zor EV
Mumbai/Bengaluru:Amazon.com Inc., through its logistic partners is reportedly in talks with Mahindra Electric to source electric three-wheelers for some of its global operations. Mahindra Electric has delivered a few test mules of its Treo Zor electric three-wheeler to the e-commerce behemoth’s logistics partners in Japan and Vietnam, a person aware of the development said. Mahindra… Continue reading Amazon eyes global ride aboard Mahindra Electric’s Treo Zor EV
Geotagging of warehouses in works for location tracking
NEW DELHI: The government is working on geotagging all warehouses, cold storages and refrigerated vans in the country for real-time tracking of the location and status of space availability. The data will be captured in a mobile app, which can be used by the government as well as farmers to locate the nearest warehouses and… Continue reading Geotagging of warehouses in works for location tracking