Tag: Tesla

A self-driving taxi went rogue, blocking traffic and evading officials, as a YouTuber captured it on video from the backseat

A self-driving car went rogue in Arizona, stalling, then speeding off before assistance could arrive. A YouTuber caught the nearly 20-minute episode on video from the backseat of the car. Waymo issued a statement that it has assessed the event and used it to improve future rides. See more stories on Insider’s business page. A… Continue reading A self-driving taxi went rogue, blocking traffic and evading officials, as a YouTuber captured it on video from the backseat

Tesla is in talks to add another supplier of cheaper LFP battery cells for its electric cars

Tesla is in talks to add another supplier of cheaper LFP battery cells, EVE, for its electric cars produced in China, according to a new report. Last year, Tesla CEO Elon Musk mentioned that he believes the energy density of iron phosphate (LFP) batteries has improved enough that it now makes sense to use the… Continue reading Tesla is in talks to add another supplier of cheaper LFP battery cells for its electric cars

Officials: Tesla in fatal California crash was on Autopilot

Los Angeles – A Tesla involved in a fatal crash on a Southern California freeway last week was operating on Autopilot at the time, authorities said. The May 5 crash in Fontana, a city 50 miles (80 kilometers) east of Los Angeles, is under investigation by the National Highway Traffic Safety Administration. The probe is the… Continue reading Officials: Tesla in fatal California crash was on Autopilot

Dogecoin spikes 30% after Elon Musk says he might take it as payment for Tesla

Dogecoin, a meme cryptocurrency, has spiked this year. Yuriko Nakao/Getty Dogecoin spiked 30% after Elon Musk said on Thursday that he might accept it as a payment method for Tesla. That followed his announcement on Wednesday that he’d stop allowing bitcoin payments for Tesla products over environmental concerns. Dogecoin had risen by 30.2%, to $0.54,… Continue reading Dogecoin spikes 30% after Elon Musk says he might take it as payment for Tesla

Bitcoin slides 13% for the week after Elon Musk’s bombshell U-turn, but finds some support at $50,000

It’s been a tough week for bitcoin. Cesc Maymo/Getty Images Bitcoin headed for a 13% fall in the week to Friday, after Elon Musk’s major U-turn on accepting the cryptocurrency as payments for Teslas, but managed to regain some stability over the course of the day. The most-traded crypto asset was down 13.1% for the… Continue reading Bitcoin slides 13% for the week after Elon Musk’s bombshell U-turn, but finds some support at $50,000

Dogecoin slumps 20% after Tesla’s bitcoin shock — while other tokens like Ethereum’s ether and litecoin also slide

Shutterstock Dogecoin and other cryptocurrencies sank on Thursday after Elon Musk suspended bitcoin payments for Tesla cars. The meme-inspired digital asset tumbled 20% to trade around 40 cents. Litecoin fell 14%, while Ripple’s XRP and Ethereum’s ether lost 11% – having each dropped more than 20% from their peaks. Bitcoin dropped as much as 15%… Continue reading Dogecoin slumps 20% after Tesla’s bitcoin shock — while other tokens like Ethereum’s ether and litecoin also slide

Tesla CEO Elon Musk halts use of bitcoin for car purchases

Tesla would retain its bitcoin holdings with the plan to use the cryptocurrency as soon as mining transitions to more sustainable energy sources, Musk said. Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said, citing long-brewing environmental concerns for a swift reversal in the company’s position on the cryptocurrency.… Continue reading Tesla CEO Elon Musk halts use of bitcoin for car purchases

Bitcoin still struggling after Musk’s Tesla U-turn

Bitcoin recovered about half of its losses on Thursday, a day after plunging 17% when Tesla boss Elon Musk said his company (TSLA.O) would stop accepting the digital tokens as payment for its cars. read more The price of the world’s largest cryptocurrency rose back up to around $49,808 at 1150 GMT. On Wednesday it… Continue reading Bitcoin still struggling after Musk’s Tesla U-turn

Tesla Model S Plaid buyers are starting to get some delivery dates for next month

Tesla Model S Plaid has seen a few delivery delays, but now buyers are starting to get some delivery dates for next month as the new version of Tesla’s flagship sedan is finally coming. In January, Tesla introduced a refreshed version of the Model S and Model X that brings a new powertrain, new interior, and updated… Continue reading Tesla Model S Plaid buyers are starting to get some delivery dates for next month