XPrize, a nonprofit organization that designs and hosts public competitions aimed at benefiting humanity through innovation, will manage the $100 million incentive from Elon Musk’s gigaton carbon removal competition. Musk announced that he would be donating $100M, which was funded by the Musk Foundation, as a prize for the best carbon capture technology last month. […]
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Tesla investor Gary Black, a former Bernstein analyst, has decided to offload his Tesla shares after accurately predicting the over 700% surge in the automaker’s stock price in 2020. Black announced this morning that the “absence of clear FY’21 delivery guidance,” and other factors were the reason for his decision. Black posted a Tweet on […]
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Tesla Giga Berlin is the home of a new, world-class paint facility, and an employee showed what new colors could be coming to the automaker’s lineup of all-electric vehicles. Senior Recruiter for Tesla’s Gigafactory Berlin Lydia van de Laar shared a photo of what appears to be several die-cast models of the Tesla Model S […]
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Rivian is testing its R1T all-electric pickup truck more frequently in real-world settings ahead of its imminent production and launch planned for Summer 2021. Since November 2018, Rivian has been working on what is known as the R1T and R1S, two all-electric vehicles geared toward outdoor adventuring while maintaining a sustainable, all-electric platform. Production is […]
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Longtime Tesla (NASDAQ: TSLA) bull and billionaire investor Ron Baron commented on the automaker’s decision to invest $1.5 billion in Bitcoin, releasing a statement on Monday morning. Baron said he “looks forward to learning the rationale” behind Tesla’s strategy to use Bitcoin, as it could become a payment method for the company’s products in the […]
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It appears that Tesla is indeed serious about allowing customers in the future to purchase their vehicles using Bitcoin. This was hinted at in a recently submitted Form 10-K that Tesla filed to the United States Securities and Exchange Commission on Monday. In its filing, the electric car maker revealed that it had acquired $1.5 billion […]
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Figures from the China Passenger Car Association (CPCA) have indicated that Tesla sold 15,484 vehicles locally in the first month of 2021. Interestingly enough, data from CLS and other Chinese automotive agencies have indicated that the 15,484 figure only accounted for the Made-in-China Model 3, which represents the majority of the company’s local sales in […]
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A recent post from Tesla’s official LinkedIn account has indicated that the company is looking to bolster its Autopilot team with a number of dedicated data annotation-related job openings. Quite interestingly, the pertinent job listings are for Buffalo, the location where Tesla’s Solar Roof and Supercharger factory, Gigafactory New York, is located. As per the […]
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Tesla’s domination of the electric vehicle market has continued in 2020, with the Silicon Valley-based EV maker accounting for nearly one quarter of electric car sales worldwide. This was despite the company’s Fremont and Shanghai plants experiencing shutdowns due to the pandemic, as well as the fact that the company’s highest-volume vehicle, the Model Y, […]
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The Mayor of the City of Miami Francis Suarez shared details about his recent talk with Elon Musk and a potential Boring Company tunneling project in the Magic City in a short video posted on Twitter. Suarez specifically highlighted the cost advantages The Boring Company (TBC) would bring to the table if Miami were to approve […]
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