Tag: Tesla

Tesla/bitcoin: asset exchange

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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

GENERATION ROBINHOOD: How the trading app conditioned its inexperienced users to obsessively play the market

By all indications, Robinhood has become the investing app for beginner retail traders. Its sleek design, flashy features, and simple interface have attracted 13 million users since 2013. Insider spoke with 10 users and industry experts to find out how Robinhood has transformed trading.  Visit Business Insider’s homepage for more stories. James Orellana was waiting… Continue reading GENERATION ROBINHOOD: How the trading app conditioned its inexperienced users to obsessively play the market

Tesla to accept bitcoin as payment in ‘near future’ after $1.5 billion investment

Tesla says it has invested $1.5 billion in the bitcoin cryptocurrency. The electric car manufacturer filed its annual 10-K report with the SEC this morning, and revealed the new bitcoin investment. Tesla says it will also “begin accepting bitcoin as a form of payment for our products in the near future.” Tesla customers have been… Continue reading Tesla to accept bitcoin as payment in ‘near future’ after $1.5 billion investment

Elon Musk puts up $100 million for global carbon reduction competition

By Reuters Staff 2 Min Read FILE PHOTO: SpaceX founder and chief engineer Elon Musk attends a news conference at the Kennedy Space Center in Cape Canaveral, Florida, U.S. January 19, 2020. REUTERS/Steve Nesius/File Photo (Reuters) – Tesla Inc boss and billionaire entrepreneur Elon Musk is offering a $100 million prize in a four-year global… Continue reading Elon Musk puts up $100 million for global carbon reduction competition

Elon Musk puts up $100 mln for global carbon reduction competition

By Reuters Staff 2 Min Read FILE PHOTO: SpaceX founder and chief engineer Elon Musk attends a news conference at the Kennedy Space Center in Cape Canaveral, Florida, U.S. January 19, 2020. REUTERS/Steve Nesius/File Photo (Reuters) – Tesla Inc boss and billionaire entrepreneur Elon Musk is offering a $100 million prize in a four-year global… Continue reading Elon Musk puts up $100 mln for global carbon reduction competition

Chinese EV startup Byton explores listing via SPAC deal: Sources

Byton was launched in 2017 by Future Mobility Corp, a company co-founded by former BMW and Nissan Motor executives. SHANGHAI: Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters. Byton, whose… Continue reading Chinese EV startup Byton explores listing via SPAC deal: Sources