Will Tesla change direction on Bitcoin again? July 26, 2021 City AM columnist Gavin S Brown looks west as all eyes are focused on Tesla to see if it gives Bitcoin the green light again.
US to investigate Tesla’s Autopilot following emergency vehicle crashes August 16, 2021 The US National Highway Traffic Safety Administration (NHTSA) said today it plans to launch a probe into Tesla’s driver assistance system Autopilot after repeated crashes with emergency vehicles. The investigation will cover Tesla Models Y, X, S, and 3 vehicles released between 2014 and 2021, estimating 765,000 Tesla vehicles in the US to be involved [...]
Further pain ahead for Bitcoin as environmental groups queue up to reject cryptocurrencies May 23, 2021 Environmental groups across the globe are lining up to disable the ability to accept donations with Bitcoin until the original cryptocurrency cleans up its ecological act.
What impact could the US-UK Russian oil ban have on Tesla’s share price? March 11, 2022 The Tesla (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $764 by 23 February. Then Russia began its invasion of Ukraine, and Tesla shares rocketed to $880 on 2 March as the implications for oil were [...]
Panasonic sells entire stake in Tesla for $3.6bn June 25, 2021 Panasonic has sold its stake in electric car maker Tesla for $3.6bn, a spokesperson for the Japanese company said today. The sale comes as Panasonic looks to raise cash for investing in growth and to reduce its dependence on Tesla. The electronics firm is dominated by Elon Musk’s company, but the two have often had [...]
Bitcoin tests $40k again with positive vibes from Africa and Tesla June 14, 2021 What started as another weekend of woe for Bitcoin turned on a sixpence yesterday, with the leading cryptocurrency soaring 12 per cent over the last 24 hours.
Inmarsat bids farewell to Old Street as it takes up new City HQ August 25, 2021 Inmarsat will be leaving its iconic headquarters in Shoreditch to take up new office space in the City. The British satellite giant has pre-let 121,00 square feet at 50 Finsbury Square, marking an end to its towering presence on Old Street roundabout. The move is the latest example of downsizing by a major British company [...]
Amazon executive in conflict of interest row over UK space role April 20, 2021 A senior Amazon executive is said to be in the running for a role as government space adviser despite concerns over serious conflicts of interest. Peter Marquez, head of space policy at Amazon, has been put forward to serve as a temporary, unpaid adviser to the government. He would take up the position alongside his [...]
The race to replace the ISS: ‘A full-scale industrial revolution and we’re at the very start of it’ February 16, 2022 The race for a commercial space station is officially a-go, with businesses poised for a new privately funded post to orbit Earth by the end of the decade. Nanoracks, Voyager Space and Lockheed Martin are collaborating to develop a free flying commercial space station known as Starlab. While London’s Space Entertainment Enterprise (SEE) has teamed [...]
Elon Musk defamation trial: Tesla founder wins case over ‘pedo guy’ remark December 7, 2019 A US jury has ruled that Elon Musk did not defame a British caver who helped in last year’s rescue of trapped Thai schoolboys by calling him a “pedo guy”. Vernon Unsworth sought $190m (£145m) in damages from the billionaire on the grounds that the tweet had damaged his reputation. It came amid a public [...]