"Elon Musk" tag
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Why does Bitcoin need more energy than whole countries?

Running the cryptocurrency Bitcoin requires more energy than New Zealand and Belgium put together. How can something virtual keep power plants around the world so busy? DW’s Timothy Rooks looks into the numbers. If you...

tesla

Tesla to join the S&P 500 in December

Tesla’s shares jumped by over 10% following the news that the electric car company will be added to the US leading S&P 500 stock index. The inclusion follows a snub in September. Tesla Inc’s shares were...

tesla

Tesla announces it will lay off 7 percent of its workforce

CEO Elon Musk said that the electric car maker plans to cut roughly 3,000 jobs, prompting another sharp dip in share prices. Tesla is struggling in the US as the government rolls back a tax...

Tesla public or Tesla private. Which way forward?

Elon Musk has once again caused a whirlwind of speculation with a few tweets. Afterwards Tesla stock rose and trading was halted for around two hours. Only Donald Trump can move markets more. On Tuesday,...

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Tesla launches world’s biggest battery in Australia

It is three times larger than the next biggest lithium-ion battery and can power up to 30,000 homes. Elon Musk has said it is “just the beginning.” Tesla activated the world’s biggest lithium-ion battery in Australia...