The price of Bitcoin took a tumble after Elon Musk said Tesla would no longer be accepting the cryptocurrency as a payment method. Musk raised concerns about the climate impact of Bitcoin mining. The US...
Tesla has revolutionized the auto industry, building cars for the future even as legacy carmakers could barely take their eyes off the rearview mirror. But now Tesla’s days as the leader of the EV pack...
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...
Bitcoin has broken another price record, jumping nearly 15% on the news that Tesla has invested $1.5 billion in the cryptocurrency. The carmaker is also planning to accept Bitcoin as a means of payment. The digital...
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...
Shares of Tesla jumped 3.9% this morning to $1,130, which gave the automaker a market value of $210 billion. It thereby finally surpassed Toyota, the formerly #1 most valuable automaker in the world, whose shares...
Elon Musk has steered his electric carmaker into new territory as the company, for the first time, is valued at more than $100 billion. How has Tesla surpassed Volkswagen which sells 30 times more cars?...
In typical Elon Musk style, he almost casually announced plans to build the European Tesla factory on the outskirts of Berlin. For German carmakers the plans have come just at the right time, says DW’s...
The Swedish startup has announced the German automaker will invest heavily in two new battery plants. The factories, located in Sweden and Germany, are intended to compete with Tesla and Asian suppliers. Northvolt, a Swedish...
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 (TSLA) plunged $39 or 12.7% in late trading after the SEC announcedthat it had charged CEO Elon Musk with securities fraud “for a series of false and misleading tweets about a potential transaction to take...
