Tesla Buys $1.5 Billion in Bitcoin

Tesla Inc. said Monday that it bought $1.5 billion in bitcoin, a disclosure that follows Chief Executive Elon Musk’s promotion of the cryptocurrency and other digital-currency alternatives on Twitter.

The electric-vehicle company also said it expects […]

By |2021-02-10T10:41:34-05:00February 9, 2021|Articles|Comments Off on Tesla Buys $1.5 Billion in Bitcoin

Tesla Posts Record Profit

Tesla reported by far its best quarterly profit Wednesday and said it still hopes to hit its target of half a million car sales this year. The strong results and ambitious goal were good news […]

By |2020-10-22T10:02:04-04:00October 22, 2020|Articles|Comments Off on Tesla Posts Record Profit

Musk Promises $25,000 Tesla

Elon Musk ended Tesla’s big battery event Tuesday evening with some big promises about the pricing of Tesla’s future cars and the announcement of a new ultra-fast version of today’s Model S. After reviewing improvements […]

By |2020-09-23T09:54:25-04:00September 23, 2020|Articles|Comments Off on Musk Promises $25,000 Tesla

Musk Reopens Factory Against Orders

The fight between Tesla and local officials regarding the reopening of a manufacturing plant escalated Monday after chief executive Elon Musk tweeted his plans and mentioned the potential for arrests. “Tesla is restarting production today […]

By |2020-05-12T12:38:25-04:00May 12, 2020|Articles|Comments Off on Musk Reopens Factory Against Orders