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)
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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
Bitcoin jumps as Tesla buys $1.5bn of currency
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Tesla summoned by Chinese regulators over car malfunctions
HONG KONG — Tesla has been summoned to meet with China’s market regulator and four other central government departments over customer complaints about vehicle malfunctions. The statement published by the State Administration for Market Regulation on its website on Monday evening said Chinese consumers had complained about unusual acceleration, battery fires and problems with updating the… Continue reading Tesla summoned by Chinese regulators over car malfunctions
Tesla buys $1.5B in bitcoin, may accept the cryptocurrency as payment in the future
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