Bitcoin powered to a record high on Tuesday, approaching the $50,000 mark, basking in the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency that had investors believing it may become a mainstream asset class. The most popular cryptocurrency has gained 1,150 percent since its March 2020 lows; as institutional investors searched for alternative investments […]
Tesla, an electric car company, invests $1.5 billion in bitcoin on Monday, February 8, 2021, gives a big vote of confidence to the cryptocurrency. Consequently, the prices of the crypto hit the record, reaching a new high of all time, setting it as a relatively more stable currency now. The automaker announced this on Monday […]
It is Model S first-ever major redesign since its launch in 2012. As part of its fourth-quarter earnings announcement on Wednesday, Tesla unveiled the long-rumored refresh for its Model S sedan the Model S receives a new front bumper with slightly different intakes, a tweaked rear diffuser and new 19- and 21-inch wheel designs, and […]
Elon Musk, the chief executive officer of electric car company Tesla has leapfrogged Facebook’s Mark Zuckerberg and has now become the third-richest person in the world! The tech mogul’s fortune swelled by more than $15bn (£11.3bn) in a single week after Tesla’s shares jumped 13% following the news of its selection to join the S&P […]
