Tesla delivered 201,250 vehicles in the second quarter of 2021, the company reported. Also, The quarter’s deliveries fell slightly short of expectations. Analysts were projecting Tesla to deliver around 202,800 cars during this period, according to estimates compiled by FactSet as of July 1. Estimates ranged from 193,000 to 231,000 deliveries. Tesla shares were up about […]
Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing bitcoin transactions.” Musk was reacting to comments from […]
The price of bitcoin crossed another major milestone Friday, as the cryptocurrency’s market value surpassed $1 trillion, according to Coindesk. The digital currency was trading at just under $54,000 per coin Friday as it hit the new level, and rose above $55,000 later in the session for a daily gain of more than 6%, according […]
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 […]
