Tesla Stock News

Highlights BitMEX, a crypto exchange, is looking to purchase carbon credits to become carbon-neutral Carbon offsetting requires the polluter to strike a deal with someone who has carbon credits Such deals exist only until coal and other dirty fuels arent phased out completely Cryptocurrencies are literally on a wide ride. Over the past one and a half year, the market value of most cryptos has skyrocketed. Bitcoin, which leads the crypto world with a dominance of over 42 per cent in the combined market cap, enjoyed an uninterrupted rise until mid-April 2021. This was when the world woke up to the high energy consumption of crypto mining, thanks to a tweet of Teslas CEO Elon Musk. First, it was a crackdown by the worlds second largest economy China, and then the mid-May Musk tweet that accepted that Bitcoin has a great cost to the environment. Read more : Can Bitcoin be termed as the asset of the century? Talks about carbon offsets in cryptocurrencies Crypto stakeholders are now talking a little about carbon offsetting.

Tesla Has Officially Moved Its Headquarters To Austin Tesla''s already announced plan to move its corporate headquarters out of California and into Texas is now complete. The change went into effect on Wednesday of this week, according to Inside EVs , and the company filed a corresponding disclosure with the SEC listing its new address. On December 1, 2021, Tesla, Inc. relocated its corporate headquarters to Gigafactory Texas at 13101 Harold Green Road, Austin, Texas 78725," the filing says. This address is "right next to Teslas Gigafactory Texas facility," where the company owns 2,000 acres. A recent drone flyover revealed the area only has "some temporary trailers and construction offices" for the time being, the report said. The location is about 5 minutes from the airport and 15 minutes from downtown, according to the NY Post. Photo: NY Post Recall, Musk first announced the move in the beginning of October during the company''s annual shareholder meeting in the Austin area. At the time, Musk stressed that Tesla would continue to expand in both California and Nevada, saying we will continue to expand our activities in California.

A couple of days ago, I interviewed Bonnie Norman, an early Tesla Roadster owner and a pillar of the Tesla community. Bonnie has a heart for children in the foster care system and, having collected a lot of neat Tesla memorabilia over the years, shes auctioning it off to raise funds for Koinonia Homes for []

According to the latest Tesla iOS app update, version 4.3.1, assets within the app code has revealed it will soon let you share your car Read more The post Tesla App to Soon Let You Share Your Vehicle with Up to 5 Others appeared first on TeslaNorth.com .

Tesla has launched new items in its online store, specifically clothing for men and women. New items include a new Tesla Chill Collection for both Read more The post Tesla Shop Launches Chill Collection Clothing for Men and Women appeared first on TeslaNorth.com .

Binance recently announced that it had opened up Dogecoin withdrawals after it had limited the capability due to an issue with Doges latest update. The reinstatement had been a big relief for users who had been unable to withdraw their Dogecoin on the platform. Following this, Binance CEO Changpeng Zhao announced a giveaway for the []

Bitcoin mining energy consumption has been one of the most addressed issues in the crypto space. Concerns over its energy consumption and environmental impact had been reasons cited during the China crackdown that saw miners exit out of the region en masse. The once bitcoin mining capital of the world had seen its hashrate crumble to zero following this move. Automotive manufacturer Tesla had also cited the same reasons when it had removed BTC payments option for its electric vehicles after implementing barely two months earlier. According to CEO Elon Musk, the EV manufacturer planned on implementing BTC payments again but the catch was that bitcoin mining would have to reach at least 50% clean energy. Related Reading | Croatias Largest Supermarket Chain Rolls Out Bitcoin Payments Bitcoin Mining Crosses 57% Renewable Energy The Bitcoin Mining Council which had been formed in June has been dedicated to tracking and reporting mining activities in the space. One of those has been the renewable energy usage in mining.

Cathie Wood, founder and CEO of Ark Invest, is bullish on Bitcoin and has sold stocks in China. Eli Warren for Forbes Cathie Wood, the wildly successful money manager known for making a huge bet on Tesla, weighed in on her support for Bitcoin, explained why her Ark Invest firm has sold nearly all the [] The post Investor Cathie Wood On Bitcoin, Why She Sold Stocks In China, And What Her Firm Is Buying Now appeared first on TECHTELEGRAPH .

Tesla has opened its first showroom in Puerto Rico in the Plaza Las Américas shopping center in the countrys capital, San Juan. The new 2,500 square foot store features Model 3 and Model Y cars [] The post Tesla opens first showroom in Peurto Rico appeared first on Drive Tesla .

Tesla started rolling out its 2021.36.5.10 software update on early Friday morning, as detected by @Teslascope. We noticed a new Tesla software update 2021.36.5.10 on Read more The post Tesla 2021.36.5.10 Software Update Rolling Out appeared first on TeslaNorth.com .

Stock market woes intensified last week with the major indexes breaking key levels. Apple and Tesla lead five stocks to watch.

Earlier this week ONroute announced a total of 69 DC fast chargers are going to be installed at their rest stops across Ontario, with most being ready for use by summer 2022. The announcement was [] The post ONroutes new Ivy EV chargers will feature built-in Tesla adapters appeared first on Drive Tesla .

Teslas recent US$1 trillion market capitalisation is a sign of broader shifting sands in the electric vehicle market, says NTUs Clive Choo.

November non-farm payrolls, the omicron variant and tapering by the Fed seem to be concerning investors today as tech stocks tank.

The Tesla CEO is halfway through unloading 10 percent of his company ownership.