In this week’s round-up of industry gossip, Fisker reveals pre-order statistics for its Ocean electric SUV, Peugeot discusses the electrification of its range and Lawrence Stroll shares his bold predictions for Aston Martin sales. Ocean rising Fisker has received 11,000 pre-orders worldwide for its Ocean electric SUV, the firm’s boss, Henrik Fisker, told Autocar. The… Continue reading Autocar confidential: Fisker’s pre-order prosperity, Aston Martin’s sales goals and more
Tag: Tesla
A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 billion purchase
(Reuters) – Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk’s electric vehicle company Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency shooting higher. The announcements, buried deep in Tesla’s 2020 annual… Continue reading A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 billion purchase
Square gains 10% as the payments company rides bitcoin’s record-breaking rise
In-store transactions grew by 1% year-over-year among Square customers. Square Shares of payments company Square surged 10% on Monday after Tesla announced it is investing $1.5 billion into Bitcoin. The electric carmaker also said it may begin accepting the currency as payment, according to a regulatory filing. In October 2020, Square announced it had purchased… Continue reading Square gains 10% as the payments company rides bitcoin’s record-breaking rise
Billionaire investor Ron Baron calls Tesla’s $1.5 billion Bitcoin purchase ‘not surprising’ (TSLA)
Ron Baron says Elon Musk’s support of Bitcoin on Twitter makes the investment “not surprising.” Bitcoin rose to a record high when Tesla’s $1.5 billion investment was announced. Baron has been known for being bullish on the electric car company. Visit the Business section of Insider for more stories. Tesla shareholder Ron Baron says he… Continue reading Billionaire investor Ron Baron calls Tesla’s $1.5 billion Bitcoin purchase ‘not surprising’ (TSLA)
Tesla bought $1.5 billion in bitcoin — here are the risks it sees (TSLA)
Tesla said Monday it has invested $1.5 billion in bitcoin. It named cyberattacks, volatility, and regulatory uncertainty as risks of the investment. Tesla said it plans to accept bitcoin as a form of payment for its products soon. Visit the Business section of Insider for more stories. Given Tesla CEO Elon Musk’s very public obsession… Continue reading Tesla bought $1.5 billion in bitcoin — here are the risks it sees (TSLA)
Here’s what 6 crypto experts said about Tesla’s $1.5 billion bitcoin investment
Elon Musk. Britta Pedersen-Pool/Getty Images Tesla on Monday made its biggest endorsement of bitcoin, saying it invested $1.5 billion in the token. It helps to bring bitcoin further into the mainstream, as both a form of payment and an investment. Insider compiled quotes from six experts on what this could mean for new buy-in from… Continue reading Here’s what 6 crypto experts said about Tesla’s $1.5 billion bitcoin investment
Cryptocurrency stocks skyrocket as Bitcoin tests new highs (MARA, RIOT, MSTR, GBTC, TSLA, AAPL)
Bitcoin jumped to over $43,000 per coin on Monday. Dado Ruvic/Reuters Cryptocurrency-related stocks skyrocketed on Monday as Bitcoin tested new highs of over $43,000 per coin. The rise in digital asset prices came after news broke that Tesla invested $1.5 billion into Bitcoin and may begin accepting the currency as a form of payment in… Continue reading Cryptocurrency stocks skyrocket as Bitcoin tests new highs (MARA, RIOT, MSTR, GBTC, TSLA, AAPL)
Tesla is about to launch in Singapore and could cost less than a Toyota Camry
Tesla is finally about to launch in Singapore, where the automaker had a false start before, and the Model 3 could cost less than a Toyota Camry in the country. Tesla in Singapore In 2016, Tesla tried to launch in Singapore, but the automaker ran into some issues. The first Tesla Model S owner in… Continue reading Tesla is about to launch in Singapore and could cost less than a Toyota Camry
Tesla rumored to have ‘massive delay’ at Gigafactory Berlin, but the report is pretty weak
There’s a report going around in Germany about Tesla having a “massive delay” at Gigafactory Berlin, which is critical to the automaker’s growth in Europe, but the report is pretty weak. Tesla Gigafactory Berlin Tesla Gigafactory Berlin is arguably the automaker’s most important project of 2021. The company is not launching the Model Y in… Continue reading Tesla rumored to have ‘massive delay’ at Gigafactory Berlin, but the report is pretty weak
Tesla looks to hire data labelers to feed Autopilot neural nets with images at Gigafactory New York
Tesla is looking to hire a team of data labelers to feed images to help train its Autopilot neural nets at Gigafactory New York in Buffalo. Labeling data for self-driving Tesla is often said to have a massive lead in self-driving data thanks to having equipped all its cars with sensors early on and collecting… Continue reading Tesla looks to hire data labelers to feed Autopilot neural nets with images at Gigafactory New York