Financial services firm Square Inc. will partner with blockchain technology provider Blockstream Mining to build an open-source, solar-powered bitcoin mining facility, Blockstream announced in a press release Saturday. Square confirmed the news in a tweet, saying it was “committed to driving further adoption and efficiency of renewables within the bitcoin ecosystem.” According to the release,… Continue reading Square will invest $5 million to build solar-powered bitcoin mining facility
Tag: Tesla
Tesla Model S Plaid, Nissan Ariya, BMW iX and i4, Toyota and EVs: The Week in Reverse
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Why a silicon chip shortage has left carmakers in the slow lane | John Naughton
Here’s a tale of two industries – cars and computers. In February, major car manufacturers such as Nissan and Honda began to warn shareholders that revenues were likely to fall significantly below expectations. And the reason wasn’t Covid-19 – well, not directly anyway: the pandemic had already significantly depressed sales in 2020. No, the problem… Continue reading Why a silicon chip shortage has left carmakers in the slow lane | John Naughton
A 29-year-old crypto billionaire shares how investors can use Tesla or Apple stock as collateral to buy bitcoin or ether
Sam Bankman-Fried’s FTX allows investors to invest in equities that trade on the US stock market. Traders can use stocks like Apple or Tesla to buy cryptocurrency, he said in a RealVision interview. The tokenized equity trading service is not available in the US or other restricted jurisdictions. Sign up here for our daily newsletter,… Continue reading A 29-year-old crypto billionaire shares how investors can use Tesla or Apple stock as collateral to buy bitcoin or ether
Jeremy Grantham said US stocks are heroically overpriced, copper should shoot higher, and that he had an ‘overprivileged’ lockdown in a recent interview. Here are the 14 best quotes.
Jeremy Grantham cofounded the asset management firm GMO. Boston Globe/Getty Images Legendary investor Jeremy Grantham said US stocks are hugely overpriced, predicted copper prices should shoot higher in the coming years, and that he had an “overprivileged” lockdown in an interview at the Morningstar Investment Conference Australia this week. The cofounder of asset management firm… Continue reading Jeremy Grantham said US stocks are heroically overpriced, copper should shoot higher, and that he had an ‘overprivileged’ lockdown in a recent interview. Here are the 14 best quotes.
@niche: Tesla bounces back, Musk spooks Bitcoin, Facebook suspends Trump 000929
Reuters FOREX-Dollar falls after U.S. jobs data dims hopes for Fed tightening The dollar fell on Friday after U.S. nonfarm payrolls data showed hiring increased in May as the pandemic eased, but not as much as expected, tempering expectations the Federal Reserve will tighten monetary policy sooner, rather than later. Nonfarm payrolls increased by a… Continue reading @niche: Tesla bounces back, Musk spooks Bitcoin, Facebook suspends Trump 000929
Electric Car Batteries Are Turning This Country Into an Actual Hellscape
Cobalt mining is having a disastrous impact on the Democratic Republic of the Congo. Buried Treasure As the demand for gadgets and electric cars grows, so too are the mining operations that dig up cobalt to use in lithium-ion batteries. And that’s become a serious problem for the Democratic Republic of the Congo, The New… Continue reading Electric Car Batteries Are Turning This Country Into an Actual Hellscape
Ford stock was cheaper than a sandwich. Now shareholders are gloating.
Ford is viewed as following Tesla into a focused, all-electric strategy and taking the battery-operated vehicles to a new level. Go to Source
Ford has made more electric Mustangs than gas-powered ones this year, due to the global chip shortage
Production of Ford’s all-electric Mustang Mach-E is outpacing the traditional gas model. The company reported that 27,816 Mach-E’s have been made, compared with 26,089 traditional Mustangs. Production of the gas version was suspended in May due to the worldwide shortage of semiconductors. See more stories on Insider’s business page. More electric Mustangs have been made… Continue reading Ford has made more electric Mustangs than gas-powered ones this year, due to the global chip shortage
Tesla officially applies to build battery cells at Gigafactory Berlin
Tesla has officially applied to manufacture battery cells at Gigafactory Berlin. It’s expected to be among the first locations to produce Tesla’s new 4680 cell. At its “Battery Day” earlier this year, Tesla unveiled its own battery cell, the Tesla 4680, and explained its plan to produce its own battery cells for the first time. Tesla… Continue reading Tesla officially applies to build battery cells at Gigafactory Berlin