R.Tsubin/Getty Images Bitcoin hit a fresh record Thursday, soaring to new highs following continued buy-in from major institutions. On Thursday, Mastercard announced it will allow merchants to accept select cryptocurrencies on its network starting later this year, while Bank of New York Mellon said that it will issue, hold, and transfer bitcoin for clients in… Continue reading Bitcoin surges 7% to a record high amid new adoption from Mastercard and BNY Mellon
Tag: Tesla
‘Dr. Doom’ economist Nouriel Roubini says Elon Musk’s tweets about bitcoin ahead of Tesla’s investment are ‘market manipulation’ and that the SEC should investigate (TSLA)
Dr. Nouriel Roubini testifying in front of Congress. Tom Williams/Getty Images Nouriel Roubini told CoinDesk he believes Elon Musk should be investigated by the SEC for “market manipulation.” The economist, known as Dr. Doom for his pessimistic views, pointed to tweets from Musk prior to Tesla’s bitcoin purchase as evidence for his claims. Musk has… Continue reading ‘Dr. Doom’ economist Nouriel Roubini says Elon Musk’s tweets about bitcoin ahead of Tesla’s investment are ‘market manipulation’ and that the SEC should investigate (TSLA)
What Elon Musk, Richard Branson, Jack Dorsey, and 51 other top executives ask job candidates during interviews
On a scale of one to 10, how weird are you? Former Zappos CEO Tony Hsieh.Ethan Miller/Getty One of Zappos’ core values is to “create fun and a little weirdness,” Tony Hsieh, former CEO of the company, told Business Insider. To make sure he hires candidates with the right fit, Hsieh typically asks the question: “On a scale… Continue reading What Elon Musk, Richard Branson, Jack Dorsey, and 51 other top executives ask job candidates during interviews
Tesla Might Finally Have Some Competition. From Ford.
The Mustang Mach-E and the Volkswagen ID.4, which is due in dealerships in March, go about 250 miles on a full charge — about the same as the cheapest version of Tesla’s Model Y — and start at about $43,000 and $40,000. The base Model Y starts at about $42,000, but the Ford and Volkswagen… Continue reading Tesla Might Finally Have Some Competition. From Ford.
Lack of Tiny Parts Disrupts Auto Factories Worldwide
The semiconductor shortage came out of left field, hitting the industry at a perilous moment. Sales have plunged worldwide. In Europe, for example, they were down 25 percent in 2020. This is all happening while automakers are trying to navigate a shift in basic technology from internal combustion engines to batteries, which has subjected them… Continue reading Lack of Tiny Parts Disrupts Auto Factories Worldwide
The Pandemic Sank Auto Sales. Vaccines Could Bring Buyers Back.
Tesla, the world’s most valuable automaker by far, said on Saturday that globally it sold 500,000 cars in 2020, up 36 percent from the year before. The company does not break its sales down by country or continent. Updated Feb. 11, 2021, 5:23 p.m. ET Ford Motor and most other automakers are expected to report… Continue reading The Pandemic Sank Auto Sales. Vaccines Could Bring Buyers Back.
German Automakers Are Charged Up and Ready to Take on Tesla
Next year, Mercedes, a division of Daimler, will introduce the EQS, a battery-powered counterpart to the company’s top-of-the-line S-Class. The EQS, which will cost more than $100,000, will be the first vehicle built with Mercedes’s so-called electric vehicle architecture, the same idea as Volkswagen’s modular toolbox. Daimler says the EQS will be able to travel… Continue reading German Automakers Are Charged Up and Ready to Take on Tesla
For Companies Like Workhorse, A Race to Be the Tesla of Delivery Vehicles
A fleet operator might spend about $300,000 to own and operate a diesel truck over 20 years, but the cost of owning an electric truck may be less than half that, according to Workhorse. Between its founding in 2007 and 2019 Workhorse delivered 365 vehicles, mostly diesel trucks retrofitted to operate on batteries. Some were… Continue reading For Companies Like Workhorse, A Race to Be the Tesla of Delivery Vehicles
The most expensive electric vehicles money can buy
Electric vehicles are booming. Shortened supply chains, making parts in-house, and advanced battery technologies have significantly helped manufacturers lower the costs of their electric vehicles. Consumers may soon see multiple EVs for sale under $30,000, which is exciting. But let’s forget about all of that promise right now, and visit the other end of the… Continue reading The most expensive electric vehicles money can buy
Elon Musk asked Biden administration to implement a carbon tax
Elon Musk, CEO of Tesla and SpaceX, revealed that he approached the Biden administration about implementing a carbon tax, and it didn’t sound like they were really receptive. Carbon tax The idea of a carbon tax is simply to impose a fee on emitting carbon. It can be implemented in many different ways, including as… Continue reading Elon Musk asked Biden administration to implement a carbon tax