Tesla crosses the $1 trillion milestone after Hertz deal

Tesla has surpassed a market value of $1 trillion on 26 October, and it became the fifth firm to cross this milestone. Shares of the company went up by 12.6% after the firm sold 100,000 vehicles to a car firm Hertz.

Highlights

• Tesla surpasses market va...

Ford hires former executive from Apple and Tesla to be in charge of Apple's car project

Highlights

• Ford Motor Co has hired a former executive from Apple and Tesla
• He will be the head of advanced technology and new embedded systems

Ford Motor Co has hired Doug Field who is a former executive from Tesla and Apple to be th...

Tesla to soon launch its electric car without a steering wheel

Highlights

• Musk is planning to launch it electric car
• The car is priced at $25,000

Elon Musk reportedly told his employees that he is planning to unveil its electric car in 2023. The car is priced at $25,000.

According to r...

Jeff Bezos’ and Elon Musk compete for the race to the moon

NASA’s mission of returning humans to the moon was entitled in the Artemis lunar exploration program which put forward its first step in July of 2019 by designating NASA’s Marshall Spaceflight Center in Huntsville, Alab...

TOYOTA SHARES HITS HIGH WITH $91 MARK OVER RISING AUTO DEMAND

Highlights –

• Toyota shares hit high with $91 mark over rising auto demand.
• The company shares rose at such a mark for the first time since its listing on the TSE in 1949.
• The company shares have been recording highs since May 28.
...

TESLA MODEL 3 BECOMES MOST POPULAR BATTERY ELECTRIC CAR IN UK

Highlights:

• The Tesla Model 3 car has become the most popular battery electric car on the roads of United Kingdom
• The Tesla Model 3 has overtaken the Leaf Models of Nissan during the first four months of 2021

The Tesla Mode...

TESLA TO SPEND $1 BILLION A YEAR ON BATTERY MINERALS PURCHASE FROM ASUTRALIA

Highlights:

• Tesla is expecting to buy battery raw materials from Australia worth over 1 billion dollars a year
• Robyn Denholm said, Tesla is already sourcing three quarters of the lithium feedstock from Australia

The carmaker Tesla&nb...

TESLA CALLS BACK 6,000 CARS OVER POTENTIALLY LOOSE BELTS

Highlights

• The company said that it will be inspecting and tighten, or replace, the caliper bolts if necessary

• According to Tesla, the "unlikely event" there is vehicle damage from a loose or missing fastener, it will arrange for a tow to the nearest se...

THE U.S. AND RUSSIA SHOULD HOLD MORE TALKS SAYS ELON MUSK

Highlights

• The Tesla CEO said that his electric vehicle company was close in order to establish a presence in Russia and was looking whether it could open production units there

As the relations between the United States and Russia hit an all-time low, one of the riches...

BTC INFLOWS OUTWEIGH OUTFLOWS IN EXCHANGES

Highlights:

•        BTC prices have declined ever since Tesla declined acceptance of the currency for sale of Tesla

•        Elon Musk is not selling his bitcoins as of now

When Elon Mus...

BITCOIN VALUE FALLS TO USD 50,000

HIGHLIGHTS

• The value of Bitcoin has fallen to US $ 50,000.
• A tweet from Elon Musk resulted into 17% fall in the price.
• Elon Musk is concerned about fossil fuels, especially coal being used increasingly for Bitcoin mining and transactions.

AMID INCREASING US-CHINA TENSIONS, TESLA HALTS ITS PLANS TO PURCHASE LAND IN SHANGHAI

Highlights

• It is also being said that Tesla had previously thought of expanding exports of its China-made entry-level Model 3 to more markets including the US

• Sources claim that Tesla was intending to curb the proportion of China output in its global production d...

US: FEDERAL SAFETY REGULATORS SENDS A TEAM TO INVESTIGATE FATAL CRASH OF TESLA WITH NO DRIVER

Highlights

• In order to investigate the fatal crash of a Tesla in Houston suburb which apparently had no driver in it, the Federal safety regulators sent a team

• Talking to The Associated Press, Herman said one of the men was found in the front passenger seat of th...

BITCOIN HITS A NEW HIGH OF $62K AMIDST DECLINING MARKET VALUE

Highlights:

•       The BTC market has more or less matured

•       However, as predicted the prices are not lowering down on it' it makes way to touch a more formidable price range.

Even ...

MICROSTRATEGY’S LATEST BTC SHOPPING IS WORTH $15 MILLION

Highlights:

•      MicroStrategy is known for its BTC shopping sprees

•      With the last announced purchase the firm now owns around 91,579 in total

 Bitcoin has many institutional supporting. One of ...

IS TESLA’S SELLING CARS FOR BTC A GIMMICK?

Highlights:

•        Experts are advising against buying Tesla cars for BTC

•        China is currently questioning Tesla’s safety and quality standards.

Elon Musk is like the &ldqu...