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Thursday, Oct 28, 2021
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Wall Street Cruises to Record Highs for S&P 500, Nasdaq as Tesla Has Bumper Quarter
US stocks closed mostly high for a seventh day in a row on Thursday, with the S&P 500 and Nasdaq Composite index cruising to a record high, after electric carmaker Tesla reported bumper profits for the third quarter.
Elon Musk’s Tesla Reiterates Call for India to Lower Import Duties on Electric Vehicles
Tesla has written to federal Indian ministries in an attempt to persuade them to make big cuts to import duties on electric vehicles. However, the Narendra Modi government has made no decision as yet.
Tesla’s value passed $1 trillion after Hertz ordered 100,000 of its vehicles
Rental car company Hertz has ordered 100,000 Teslas as part of an ambitious plan to electrify its fleet. A first tranche of Tesla’s Model 3 sedans will be available to rent from Hertz in major US and European markets from early November,...
Elon Musk's Tesla reports record sales and profits
Electric car maker Tesla has brushed off supply chain issues and the global microchip shortage to report record quarterly sales and profits.
32% of SMEs In The U.S. Accept Crypto Payments, A Survey Reveals
A survey revealed that 32% of small U.S. businesses currently accept cryptocurrency as an acceptable form of payment. The survey covered 584 small-business owners and managers located in the US.
Bitcoin or gold? Which is best buffer against inflation as crypto hits record high
BITCOIN hit a fresh high today, nudging $67000 after another dizzying rally which has seen the world’s most popular cryptocurrency more than double in price in three months.
Russian film director who shot space movie sets sights on Mars
After spending 12 days in space shooting scenes for a film called "The Challenge," Russian director Klim Shipenko is looking further afield.
Russian Film Crew Says Shooting In Space A "Huge Challenge"
The 38-year-old US-educated film director Klim Shipenko said cinema was ready to conquer space.
Self-driving Waymo cars clog up dead-end San Francisco street
Residents in a "dead-end" street in San Francisco say they are being plagued by an influx of self-driving vehicles.
’Narcissist Hoarders': Another Musk Trolling of Bezos Leaves Netizens Unamused
Competition has been tense between the two billionaires - both on social media (in the form of trolling) and offline. However, netizens think their altercations are the narcissistic talk of people who care about little other than money.
Why a Mach 5 passenger plane is a crazy idea that might just work
Atlanta-based startup Hermeus hopes to develop a passenger airplane capable of reaching Mach 5, or 3,000 miles per hour, but is the prospect of building a hypersonic successor to Concorde merely a flight of fancy?
‘Robbing from our children’s future’: Prince William criticises billionaires for space ventures, says they take focus off Earth
In a rare moment of almost open reproval coming from a British royal, the Duke of Cambridge appeared to criticise entrepreneurs involved in commercial space projects, saying humanity needs to “repair this planet” first.
Crypto could cause 2008-level meltdown, Bank of England official warns
The Bank of England's deputy governor for financial stability, Jon Cunliffe, has warned that cryptocurrencies could spark a global financial crisis unless tough regulations are introduced. Cunliffe likened the rate of growth of the crypt...
Tesla's Elon Musk suggests Texas HQ move inspired by tweet from California Democrat
Tesla CEO Elon Musk on Friday suggested that his decision to move the auto maker's headquarters from Fremont, California, to Austin, Texas, was inspired by a Democratic assemblywoman who tweeted, “F--k Elon Musk," in 2020.
Amid Environmental Concerns, Tesla's "Giga Fest" At German Factory
Construction at the plant begun under an exceptional procedure granted two years ago, but opposition from locals has held up final approval.
Elon Musk Says Tesla Moving Headquarters From Silicon Valley To Texas
"I'm excited to announce that we're moving our headquarters to Austin, Texas," Elon Musk said at an annual shareholders meeting.
Tesla ordered to pay €118 million to ex-employee over racism claims
A former Tesla freight elevator operator suffered racists slurs at work. He's now won a case against the company of the world's third-richest man.
Bitcoin has already used more energy this year than during all of 2020
Bitcoin is set to use 91TWh of energy by the end of 2021, which is as much electricity as Pakistan uses in a year.
Semiconductor chip shortage could extend through 2022, Marvell CEO says
The shortage of semiconductor chips that has hamstrung the automotive and electronic industries may not be over next year, Marvell Technology CEO says.
Tesla delivered 241,300 vehicles in the third quarter, topping expectations
Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday.
'Can't Sue Your Way to Moon': Musk Trolls Bezos Over Lawsuits, Shape of New Shephard Rocket
The comments come during a legal struggle between Amazon and SpaceX over Musk's Starlink satellite network. Starlink already delivers internet connection to the majority of the planet and is a direct competitor to Amazon's, Samsung's, an...
Elon Musk accuses Biden of being ‘biased’ against Tesla after White House snub: He’s ‘controlled by unions’
Tesla CEO says Biden administration is 'not the friendliest' while Psaki all but confirms unions' central role in WH invite
Elon Musk: Governments Should Do Nothing About Crypto Regulations
According to Tesla CEO Elon Musk governments should not try to regulate cryptocurrency. “I would say, do nothing,” he opined. He believes that it is not possible to destroy crypto, but governments can “slow down its advancement.”
Elon Musk says he's sending Jeff Bezos a silver medal and a 'giant statue' of the number 2 after surpassing him again to become the world's richest person
Elon Musk has again passed Jeff Bezos to become the richest person. He said Elon he'd send Jeff Bezos a silver medal and a statue of the number 2 after passing him to be the richest person. The two have taken swipes at each other for yea...
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