Latest Tesla News

Bitcoin's correction may be over, supported by derivatives markets, a weak dollar and contagion from the US budget crisis.

The ability to create a cryptocurrency that’s trading in five minutes shows how easy it would be for private firms to seek outside funding, says Robinhood CEO Vladimir Tenev.

Bitcoin price dropped to $86,050, but investors’ economic worries could also be reasons to generate longer-term demand for BTC.

“Mark-to-market gains, Tesla could use its Bitcoin as collateral to unlock liquidity and hedge against market downturns,” said Gadi Chait, an investment manager at Xapo Bank.

Bitcoin price moves closer to its all-time high, and the absence of euphoria in derivatives markets is a positive sign.

Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024.

The Ethereum-based KEKIUS market cap exploded to $380 million on Jan. 1 before falling to $100 million after Musk changed his profile name and photo back.

Police reportedly confirmed Tesla CEO Elon Musk’s version of events, which followed an earlier, potentially terror-linked truck attack in New Orleans.

The new wealth record was driven by a Tesla stock surge late last week and a $50 billion funding round for Musk’s AI startup. 

Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC.

This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.

Tesla and CEO Elon Musk were sued by the producers of the 2017 film Blade Runner 2049 for allegedly using AI to spoof an image of the film at its We, Robot event.

Tesla’s failure to demonstrate progress in the field of autonomous vehicles appears to be making investors skittish. 

Tesla CEO Elon Musk revealed plans for autonomous robot vehicles at a Hollywood event, introducing the “Robotaxi” and “Cyber Cab” for public transportation.

Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems.