Tesla to buy more than $1 bln of Australian battery minerals a year
Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices.
Tesla’s vehicle price increases due to supply chain pressure, Musk says
The price of Tesla (TSLA.O) vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to a tweet.
Cryptos turn choppy as bounce momentum ebbs
Cryptocurrencies slipped on Thursday but without falling through recent lows, as enough traders clung to hopes that the asset class can claw its way back from last week’s plunge.
Wall Street edges up with U.S. bond yields in check
U.S. stocks edged higher on Wednesday as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check.
Lordstown Motors says 2021 production will be half of expectations
Lordstown Motors Corp (RIDE.O) said on Monday that 2021 production of its Endurance truck will be half of prior expectations and that the electric vehicle startup needs additional capital to execute its plans, sending shares down 9.5% in after-hours trading.
Bitcoin fights back after Sunday sell-off
Cryptocurrencies fought back on Monday, clawing back ground after a bout of weekend selling fuelled by further signs of a gathering Chinese crackdown on the emerging sector.
Tesla’s bitcoin value dives; Musk signals hold with ‘diamond hands’ tweet
The market value of Tesla Inc’s (TSLA.O)bitcoin holdings have fallen by half to $1.26 billion, close to the electric car maker’s purchase cost, as the cryptocurrency’s value plunged following a crackdown by the Chinese government.
Bitcoin’s star backers, dip buyers help cryptos recover
Bitcoin regained some lost ground to trade near $40,000 on Thursday, a day aftera brutal selloff on concerns over tighter regulation in China and unease over the extent of leveraged positions in the cryptocurrency world.
Stocks struggle as taper talk, crypto crash put markets on edge
Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed and a hint of tapering talk from the U.S. Federal Reserve drove selling in the bond market and lifted the safe-haven dollar.
No pain, no gain for big funds hunting the next Tesla
Place your bets! The race to find the next Tesla (TSLA.O) is on but the search is turning up plenty of clunkers as well as potential superstars.
