Tesla’s Buying of Bitcoin Briefly Made Bitcoin More Valuable Than Tesla
The cryptocurrency was more valuable than all but seven of the world's publicly traded companies. Source
Read MoreThe cryptocurrency was more valuable than all but seven of the world's publicly traded companies. Source
Read MoreThe price of bitcoin blew through $46,000 for the first time ever like a light saber through cotton candy as Tesla’s announcement earlier Monday that it had bought $1.5 billion of the leading cryptocurrency added jet fuel to its record run.UPDATE (Feb. 8, 23:35 UTC): Updates to add bitcoin passed
Read MoreBrooks noted that the U.S. money supply will have risen 40% over the last 12 months once the most recent round of stimulus is done. Source
Read MoreBitcoin has undergone a strong rally over the past few weeks, rallying from the $11,000 range to $18,700
Read MoreTesla’s new structural battery design will debut in Berlin in the coming year.Tesla Inc (NASDAQ: TSLA) head honcho Elon Musk said on Twitter that the firm is presently working on new, more efficient EV batteries that are intended to be first used at its upcoming Gigafactory assembly plant located near
Read MoreTesla has once again reduced the prices of its made-in-China Model 3.The price cuts come at a time of increasing competition in China.Chinese EV manufacturers are growing in stature, and foreign automakers are boosting their investments.The going is getting tougher for Tesla in China. Just five months after making substantial
Read MoreConsumer Reports doesn’t think Tesla’s Full Self-Driving Capability option is worth its asking price. The nonprofit reviewer noted several shortcomings during a test of the latest software and hardware. In 2019, Elon Musk promised to release one million robotaxis by the end of this year. When announcing first-quarter results this year, Tesla CEO
Read MoreChina-based electric automaker Nio has demonstrated enormous growth this year. Tesla rival plans to expand into global markets in 2021.Tesla Inc (NASDAQ: TSLA) rival Nio Inc (NYSE: NIO) is up 240% this year despite the economic down plunge caused by the coronavirus pandemic. Following this impressive growth, the electric automaker
Read MoreXpeng Motors is said to be going to raise over $300 million in new funding, ahead of its U.S. IPO listing.Chinese electric vehicle major manufacturer Xpeng Motors, which is considered to be a huge competitor to Tesla Inc (NASDAQ: TSLA) in China, is said to be in talks to raise
Read MoreStrong Q2 results from Tesla have some industry observers calling it the new Bitcoin. $TSLA is the new Bitcoin —
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