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Elon Musk"s concerns about bitcoin"s energy consumption are misguided, Ark Invest says

Bitcoin has fallen 32% since Musk said Tesla would no longer accept bitcoin as a form of.....»»

Category: personnelSource: nytMay 17th, 2021

Tesla Has Had A Major Bull In Cathie Wood"s Ark. Now The Two Are At Odds Over Elon Musk"s Bitcoin Stance

Cathie Wood-headed ARK Invest’s Director of Research Brett Winton is calling Bitcoin (BTC) a “novel economic institution” and said its potential outweighs its energy requirements — a stance diametrically opposite taken by Tesla Inc read more.....»»

Category: blogSource: benzingaMay 14th, 2021

Elon Musk"s U-turn on bitcoin hits Tesla and other crypto-linked stocks as hundreds of billions get wiped off the digital-asset market

Tesla suspended vehicle purchases through bitcoin and will instead explore other digital currencies that are less energy-intensive, Musk said. .....»»

Category: personnelSource: nytMay 13th, 2021

Why Is Marathon Digital"s Stock Trading Lower Today?

Marathon Digital Holdings Inc (NASDAQ: MARA) is trading lower Thursday morning as Tesla Inc (NASDAQ: TSLA) CEO Elon Musk continues to criticize the increasing energy usage of Bitcoin (CRYPTO:B read more.....»»

Category: blogSource: benzingaMay 13th, 2021

Crypto bulls challenge Elon Musk"s environmental concerns on bitcoin - but billionaire Mike Novogratz takes a softer stance

The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bitcoin "incentivizes" renewable energy. Tesla CEO, Elon Musk. Win McNamee/Getty Images Crypto fans decried Elon Musk's unex.....»»

Category: smallbizSource: nytMay 13th, 2021

Elon Musk Says Tesla "Looking At" Other Cryptos That Use Less Than 1% Of Bitcoin"s Energy. Which Could Be It?

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Thursday that the automaker “was looking at other cryptocurrencies that use.....»»

Category: blogSource: benzingaMay 13th, 2021

Musk says Tesla halting bitcoin purchases, citing energy use

In a post on Twitter Wed.....»»

Category: topSource: latimesMay 12th, 2021

: Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining

Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment mining the cryptocurrency can have, Chief Executive Elon Musk said Wednesday, and prices of Tesla shares and the cryptocurrency dropped immediately after......»»

Category: topSource: marketwatchMay 12th, 2021

Tesla"s Model 3 The World"s Best-Selling Luxury Sedan In Q1

During Tesla Inc's (NASDAQ: TSLA) Q1 earnings call, the company announced profitability and increasing vehicle sales worldwide. The future of full self-driving vehicles, energy storage and vehicle production was also discussed. read more.....»»

Category: blogSource: benzingaApr 27th, 2021

Elon Musk trumpeted self-driving cars, joked about vampires, and recalled a USB-cable hunt on Tesla"s earnings call. Here are the 11 best quotes.

"For a few days there, nobody could buy a USB cable in the Bay Area because we went and bought them all to put them in the car." Elon Musk. Asa Mathat | D: All Things Digital Elon Musk discussed AI, clean energy, and production headaches on .....»»

Category: personnelSource: nytApr 27th, 2021

Tesla will surge 58% from current levels with improved battery supply set to drive an $8 billion energy business, Canaccord says

Tesla's first mover advantage in battery technology has the potential to create a .....»»

Category: smallbizSource: nytApr 12th, 2021

Apple is using Tesla batteries to build a new energy storage facility for its giant solar farm in California

Apple says it will be able to store enough energy to power 7,000 homes for a day with the batteries. Tesla CEO Elon Musk (left) and Appl.....»»

Category: smallbizSource: nytApr 1st, 2021

: Apple to use Tesla battery packs for solar-energy storage facility: report

Apple Inc. will use Tesla Inc. battery packs to store energy from a solar farm in Northern California, according to a report by The Verge on Wednesday night......»»

Category: topSource: marketwatchMar 31st, 2021

Tesla Looks To Give Customers The Giga Shanghai Experience

Tesla Inc (NASDAQ: TSLA) is planning on allowing some EV owners to visit its Shanghai Gigafactory, CnEVPost, a website focused on new energy vehicles from China, reported read more.....»»

Category: blogSource: benzingaMar 19th, 2021

Tesla Battery Backup Systems Manage Over 1.2GWh of Energy Storage Via Autobidder

A large part of Tesla Inc's (NASDAQ: TSLA) business is found in its role as an energy company. Tesla makes batteries for vehicles and home storage, solar panels and industrial-scale battery storage solutions. read more.....»»

Category: blogSource: benzingaMar 16th, 2021

Tesla, LG Chem Negotiate Making 4680 Cells In US And Europe: Report

Tesla Inc (NASDAQ: TSLA) battery supplier LG Energy Solutions — a unit of LG Chem, is in discussions to make the automaker’s latest advanced battery in the United States and Europe, Reuters reported Tuesda read more.....»»

Category: blogSource: benzingaMar 10th, 2021

The sell-off in Tesla is a "massive buying opportunity" before the company hits $1 trillion market valuation this year, according to Wedbush

A green energy agenda from President Biden's administration should hel.....»»

Category: personnelSource: nytMar 8th, 2021

Will Tesla Charge Gold With Energy?

Tesla has supported the price of Bitcoin, but it can affect gold as well. The bull market in cryptocurrencies continues. As you can see in the chart below, the price of Bitcoin .....»»

Category: blogSource: valuewalkFeb 12th, 2021

Buy the dip on Enphase Energy after Tesla inverter news, says Goldman Sachs

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 19th, 2021

Tesla Supplier LG Energy Solution Reaches $9.8B Battery Investment Deal With Indonesia

Tesla Inc (NASDAQ: TSLA) supplier LG Energy Solution, which spun-off from LG Chem earlier this month, has signed a $9.8 billion electric vehicle battery investment agreement with Indonesia, Reuters read more.....»»

Category: blogSource: benzingaDec 30th, 2020