Tag: Tesla

Tesla Sells Off Most of Its Bitcoin, at a Huge Loss

Sell! Sell! In February of 2021, Tesla announced that it was planning to sell cars using Bitcoin, while also buying up an appreciable $1.5 billion worth of the cryptocurrency. While the move initially looked balmy, with the investment spiking in value by an impressive $1 billion by October, this year’s crypto crash brought the assets crashing down… Continue reading Tesla Sells Off Most of Its Bitcoin, at a Huge Loss

China is the ‘hearts and lungs’ of the Tesla story: Analyst

Dan Ives, Wedbush Managing Director and Senior Equity Analyst, examines Tesla’s second-quarter earnings, the importance of Chinese manufacturing for the EV developer, and Tesla’s purchase of bitcoin. Video Transcript [MUSIC PLAYING] – All right, Tesla just reporting earnings after the break. Let’s bring in Wedbush Securities’ Dan Ives to break down the results. Tesla better… Continue reading China is the ‘hearts and lungs’ of the Tesla story: Analyst

TSLA Stock: Tesla Stock Quotes, Company News And Chart Analysis

While some Wall Street watchers have had their doubts about Elon Musk and Tesla, the electric vehicle pioneer has ridden that skepticism to new stock price highs. Is Tesla Stock A Buy As Elon Musk Orchestrates A Challenging Symphony Along they way, Musk became the world’s richest person with a net worth above $185 billion… Continue reading TSLA Stock: Tesla Stock Quotes, Company News And Chart Analysis

German Handelsblatt: Electromobility: A trumpet with many tricks – the BMW iX xDrive 50 in the Handelsblatt Autotest004775

Powerful appearance The electric SUV BMW iX polarizes with its beefy looks. This car test is a ride against my prejudices – three of them at once. First: SUVs are as big as they are superfluous. In my opinion, apart from the driver’s need for recognition, they don’t fulfill any need that a station wagon… Continue reading German Handelsblatt: Electromobility: A trumpet with many tricks – the BMW iX xDrive 50 in the Handelsblatt Autotest004775

OpenAI Says It’s Fine to Sell Images Made With DALL-E 2

It’s official. OpenAI is finally bringing the beta of its DALL-E 2 machine learning system — as in, that extremely impressive text-to-image generator famous for creating everything from anthropomorphic bowling balls to the one true Burger King — to a million members of a public waitlist. That’s a major announcement on its own, but in its press… Continue reading OpenAI Says It’s Fine to Sell Images Made With DALL-E 2

Lucid Announces Key Leadership to Bolster Operations and Logistics Experience Ahead of Global Expansion

“I’m delighted to have Evelyn and Walter join the Lucid leadership team,” said Peter Rawlinson, Lucid’s CEO and CTO. “Together, they bring decades of global expertise and operational excellence to the company.” Reporting directly to Mr. Rawlinson, Ms. Chiang will lead enterprise initiatives aligned to Lucid’s strategic objectives leveraging techniques and methodologies to analyze, harmonize,… Continue reading Lucid Announces Key Leadership to Bolster Operations and Logistics Experience Ahead of Global Expansion

Global Electric Vehicles Market Outlook Report 2022: Competitive Intensity of Leading Manufacturers will Lead to more than 11.1 Million EVs Sold Globally

DUBLIN, July 21, 2022 /PRNewswire/ — The “Global Electric Vehicles Outlook, 2022” report has been added to ResearchAndMarkets.com’s offering. In 2021, of 6.7 million units sold, 70.7% were BEVs, and 29.1% were PHEVs. Global EV penetration increased from 4.4% in 2020 to 8.8% in 2021. APAC recorded a 151.7% YoY growth, the highest among others,… Continue reading Global Electric Vehicles Market Outlook Report 2022: Competitive Intensity of Leading Manufacturers will Lead to more than 11.1 Million EVs Sold Globally

Ford will add iron phosphate battery options for Mustang Mach-E and F-150 Lightning

Just a few months after announcing a “radical” split structure placing its electric vehicle future in a new segment called Model E, Ford is discussing more details about sourcing battery production capacity and the basic raw materials to power all of those EVs. Its run rate by late 2023 will need to support the production… Continue reading Ford will add iron phosphate battery options for Mustang Mach-E and F-150 Lightning

Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why

Image: Getty Images Tesla has revealed it offloaed approximately 75% of its Bitcoin between April 1 and the end of June.  The sales, which took place across the second calendar quarter, added $936 million in cash to its balance sheet and were reported as a negative impairment, Tesla said in its Q2 earnings report.   … Continue reading Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why