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tesla

Tesla holds $367 million worth of Bitcoin

The Tesla company, owned by tycoon Elon Musk and focused on manufacturing electric cars, maintains $367 million in Bitcoin. Despite having sold a good amount of its cryptocurrencies during the pandemic, Tesla is holding on to this juicy…

Tesla promises autonomous driving this year

Elon Musk's statements during the recent World Artificial Intelligence Conference (WAIC) in Shanghai suggest that Tesla would be offering autonomous driving by the end of 2023. According to the tycoon, "during the latest tests of their…

Elon Musk is confident in his strategy for Twitter

Elon Musk is aware that the acquisition of Twitter was an expensive bet, but he is confident that the changes he is making, in his vision of protecting freedom of expression, will end up convincing the most critical users. This was stated…

Musk issued a warning for Dogecoin investors

Elon Musk, CEO of Tesla, advised against cryptocurrency enthusiasts investing heavily in Dogecoin, despite his love for the memetic coin. During a conference hosted by the Wall Street Journal, the billionaire sent a cautious message to…

Elon Musk will no longer be the CEO of Twitter

Twitter CEO Elon Musk has revealed that he will take on new roles at the social media platform in the next six weeks. In a message posted to Twitter on May 11, Musk announced that he had hired a new CEO for X Corp, Twitter's parent…

Tesla to build battery factory in Shanghai

The American company Tesla, led by Elon Musk, will build a new factory for energy storage batteries in Shanghai. It is estimated that the works begin in the third quarter of the year. Tesla has a first plant of megapacks, as it is called…

Tesla will install a factory in Monterrey

The President of Mexico, Andrés Manuel López Obrador, has confirmed that Tesla will build a factory in the Mexican city of Monterrey, in the north of the country, becoming the first that the company will have in Latin America. In his…

Tesla posts loss on Bitcoin trades

Electric vehicle maker Tesla posted a gross impairment loss of $204 million on its Bitcoin holdings in 2022, according to a report filed with the US Securities and Exchange Commission (SEC). Despite recording a profit of 64 million from…

Tesla hasn’t moved its Bitcoin holdings

Tesla published its financial report for the fourth quarter of 2022, revealing that it had not bought or sold any Bitcoin. Elon Musk's electric car company first added the flagship cryptocurrency to its balance sheet in February 2021, when…