Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why

Image: Getty Images Tesla has revealed it offloaed approximately 75% of its Bitcoin between April 1 and the end of June.  The sales, which took place across the second calendar quarter, added $936 million in cash to its balance sheet and were reported as a negative impairment, Tesla said in its Q2 earnings report.   … Continue reading Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why

German Manager Magazine: Ferrari, Audi, Volkswagen, Hildegard Wortmann, Cariad, Tesla, Boeing: The new newsletter manage:mobility001930

Ferrari – that is the epitome of expensive, extravagant, high-horsepower sports cars, of course with a petrol engine. The brand is a myth. On the stock exchange, the company is worth almost 170 times as much as BMW per car sold. Nevertheless, a radical conversion is now pending: Ferrari is to build electric super sports… Continue reading German Manager Magazine: Ferrari, Audi, Volkswagen, Hildegard Wortmann, Cariad, Tesla, Boeing: The new newsletter manage:mobility001930

Clean Technica: Tesla Financials: Despite Shutdowns in Shanghai, Tesla Made $621 Million in Q2002124

While many in the West have decided the Covid-19 pandemic is over, Shanghai was on lockdown for much of the second quarter, and that cut into Tesla production and revenue significantly since that’s where about half of Tesla vehicles are produced. Nonetheless, clawing its way through, the company made a significant amount of profit. It… Continue reading Clean Technica: Tesla Financials: Despite Shutdowns in Shanghai, Tesla Made $621 Million in Q2002124

Stellantis plans indefinite layoffs at Warren Stamping Plant

Stellantis is planning indefinite layoffs beginning next week at its Warren Stamping Plant. The company did not disclose the number of workers who will be affected, but a letter from local union leadership to members posted on Facebook listed it as 40 (28 production workers and 12 skilled trades). Messages seeking comment were sent to the… Continue reading Stellantis plans indefinite layoffs at Warren Stamping Plant

Goodyear has spent 53 years working on tires for the moon. GM could get them there.

This content is only available to subscribers. Get unlimited digital access $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading Goodyear has spent 53 years working on tires for the moon. GM could get them there.

Chevrolet to offer kit to convert gasoline classic cars into EVs

This content is only available to subscribers. Get unlimited digital access $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading Chevrolet to offer kit to convert gasoline classic cars into EVs

Tesla (TSLA) announces it sold most of its Bitcoin

Tesla (TSLA) announced today that it sold most of its Bitcoin, about 75%, during the last quarter. The automaker didn’t elaborate on the reason. Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. However, a few days later, Tesla took a step back with crypto… Continue reading Tesla (TSLA) announces it sold most of its Bitcoin

ACI: Ministry of Economy and Finance and the Italian Mint celebrate the 100th anniversary of the Monza racetrack

ACI: Ministry of Economy and Finance and the Italian Mint celebrate the 100th anniversary of the Monza racetrack 20.07.2022 Sticchi Damiani (ACI): “We are proud to see the 100th anniversary of Monza celebrated with a coin from the numismatic collection. Thanks to the Ministry of Finance, Poligrafico and Mint of the State for paying homage… Continue reading ACI: Ministry of Economy and Finance and the Italian Mint celebrate the 100th anniversary of the Monza racetrack

@FCA: Guidepoint Systems Partners With Free2move to Leverage Stellantis Embedded Telematics Data

Guidepoint Systems Partners With Free2move to Leverage Stellantis Embedded Telematics Data July 15, 2022 , Detroit – Guidepoint Systems, a global provider of vehicle telematics and Software as a Service (SaaS) for automotive OEMs, vehicle dealerships, rental agencies and fleet managers, announced today it has partnered with Free2move, the global fleet, mobility and connected data brand… Continue reading @FCA: Guidepoint Systems Partners With Free2move to Leverage Stellantis Embedded Telematics Data

@FCA: Supporting a Culture That Is Equitable and Inclusive for All

July 20, 2022 , Auburn Hills, Mich. – Stellantis has again earned a top score on the annual Disability Equality Index (DEI) for 2022. The DEI is a comprehensive benchmarking tool that helps companies build focused and measurable strategies that support disability inclusion and equality in the workplace. Now in its eighth year, the DEI is… Continue reading @FCA: Supporting a Culture That Is Equitable and Inclusive for All