Elon Musk launches a pair of potentially game-changing shifts for bitcoin, promising Tesla Inc would take payment for its electric vehicles in the currency soon and revealing it had already invested $1.5 billion in the cryptocurrency.
Tesla benefits from scaled-up production at factories in California and China as it pushes forward with new plants in the state of Texas and Germany, expected to begin production in 2021.
A group of amateur investors, using the online platform Reddit and calling itself WallStreetBets, is credited with pushing up GameStop shares to as high as $380 from $18 just a few weeks ago and roiling the Wall Street establishment.
It is unusual for the National Highway Traffic Safety Administration to formally demand a recall. Automakers typically voluntarily agree to a recall if sought in discussions by regulators.
Price of bitcoin reaches $41,130 after having jumped 9.75 percent during the trading session.
CNBC has estimated Tesla chief's wealth at $185 billion. Musk has gained more wealth over the past 12 months than Bill Gates' entire net worth of $132 billion.
SpaceX founder Tesla's Elon Musk blames fast landing for the crash but recounts the successful parts of the rocket's short late afternoon trip.
Tesla CEO Elon Musk says the company is working on new battery technology that will enable it within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge.
US President Donald Trump's post contained a video clip, from an interview with Fox & Friends earlier in the day, in which Trump claimed that children are "almost immune" to Covid-19.
Tesla shares continue to rise in 2020 as the company meets key targets, in spite of issue with production and delivery in previous quarters.
Tesla's shares rose about 8.9 percent to hit $1,025 making the Silicon Valley company the second-most valuable automaker in the world, behind Japan's Toyota Motor Corp.
The RideFlux start-up brings together engineers who have given up well-paid jobs with some of South Korea's most prestigious firms to try to build a ride-sharing company for the tech-savvy nation.
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