Category : ELON MUSK

© Reuters. Elon Musk’s Tesla Incurs $204 Million Loss from Bitcoin Funding in 2022 Tesla (NASDAQ:) recorded a $204 million impairment loss on its holdings in 2022. Tesla’s $1.5 billion funding in Bitcoin in Q1 2021 was pushed by CEO Elon Musk’s perception within the cryptocurrency. As of December thirty......

The worth of Tesla’s bitcoin holdings fell almost $1.8 billion final 12 months, an organization submitting confirmed. It took a $204 million impairment cost on bitcoin, however transformed $64 million price into {dollars}. CEO Elon Musk distanced himself from crypto final 12 months, calling it a “sideshow to the sideshow.”......

Final Up to date: February 02, 2023, 10:27 IST Tesla automobiles are seen parked on the Tesla Gigafactory in Gruenheide – Picture Used for Representational Goal (Photograph: Reuters) The EV model Tesla is constructing 2 new manufacturing amenities on the Nevada Gigafactory Complicated: a 100 GWh 4680 cell manufacturing unit......

Picture: Bethany Clarke (Getty Photos) Twitter CEO Elon Musk introduced he was making his Twitter account non-public early on Wednesday to find out the level of engagement his tweets obtained. Musk made the choice after Ian Miles Cheong, a right-wing commentator and common rabble rouser tweeted that he had set his......

Twitter CEO Elon Musk has but to share particulars of worker inventory compensation plan on the microblogging website, after having promised the corporate workers about it in November final yr , based on a report by expertise information website The Info. In an e-mail to Twitter staff in November, Musk......

By 2030, Tesla has plans to develop automobile manufacturing to twenty million models a yr. For reference, presently, the primary automobile producer on the earth is Toyota, which produces 10 million automobiles yearly. Which means, Tesla’s plans for this decade is not going to solely make it the number-one automobile......

Ford introduced worth cuts for its electrical automobiles shortly after Tesla did the identical. The strikes do not make sense, however Tesla’s bigger scale offers it a near-term benefit, BofA mentioned.  General, strategists mentioned worth cuts within the EV market might end in larger gross sales volumes.  Loading One thing......

OpenAI’s ChatGPT has precipitated information because it was launched final 12 months. From passing Wharton’s MBA examination, to regulation examination, the most recent of its feats consists of US Medical Licensing Examination. Within the record of accolades, the sunshine and chatty has handed US Medical licensing examination, a Wharton Enterprise......

Twitter chief Elon Musk has reportedly instructed his builders to construct the platform’s funds system in such a means that crypto performance might be added sooner or later. In line with a Jan. 30 Monetary Occasions report, two individuals conversant in Twitter’s plans stated that the funds characteristic will help......

In a publish concentrating on Tesla CEO Elon Musk, Twitter person Prerak (@preneh24) posted images and particulars of a “horrific” expertise together with his brand-new Tesla Mannequin Y all-electric SUV: The steering wheel reportedly got here off whereas the automobile was in movement. This might be no less than the......