Energy trust IPO raises £186.5m for Tesla powered battery plan November 5, 2021 Harmony Energy Income Trust has raised £186.5m through an initial public offering (IPO) to develop large-scale battery energy storage systems across the UK. The systems will be powered by Tesla technology. It has issued 210 million ordinary shares at a price of £1 each, alongside 23.5 million ordinary shares for the acquisition of its seed [...]
Back to basics: Why Tesla is not like Google and Apple, and it will never be November 5, 2021 Tesla’s market value broke the $1tn mark on 25th October, turning the car-maker into the sixth company to join that exclusive club together with Alphabet, Amazon, Apple, Microsoft and briefly Facebook. But it is so easy to get caught up in the hype that we sometimes forget basic economics. Many commentaries have been outlining “Tesla’s [...]
Bitcoin steadies after Fed announcement November 4, 2021 The price of Bitcoin is down around two per cent since yesterday morning, although it continues to hold above $61k.
UK households increasingly plug electric car charging points as key feature – CityAM : CityAM November 4, 2021 The number of UK homes listed for sale advertising an electric car charging point on the premises or in a nearby street has increased by 541 per cent compared to this time last year, according to Rightmove. The total number of properties for sale on the property service that include a mention of this feature [...]
Uber cuts deal with Tesla to supply London drivers with electric cars November 3, 2021 Uber has cut a deal with Tesla which will supply London drivers with electric vehicles (EVs) as the city pushes to slash emissions. The agreement, which comes into effect from today, will see drivers granted access to a £135m clean air fund to help buy or lease a Tesla car. The funds have been collected [...]
Ethereum notches another all-time high November 3, 2021 Ethereum - the world's second-largest cryptocurrency - yesterday posted another new all-time high, rising to $4,643.
Bitcoin price steady at $63k as Polkadot steals march November 2, 2021 The price of Bitcoin continues to hover around the $63k mark today, up almost $1,000 from 24 hours earlier.
Tesla recalls almost 12,000 vehicles due to software error November 2, 2021 Tesla has recalled 11,704 vehicles sold since 2017 in the US because of a software error that could lead to collision, Reuters reported. The company’s recall included models S, X, 3 and Y and was caused by a software update that took place on 23 October on vehicles in the limited early access Full-Serving Driving [...]
Elon Musk says he’ll sell Tesla stock if the UN can show how he can solve world hunger November 1, 2021 Responding to comments from the United Nations World Food Program (WFP) director, David Beasley, who told CNN that global hunger could be solved a “one-time” payment from some of the world’s wealthiest people, Elon Musk tweeted: “If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.”
Bitcoin in celebratory mood as a big week ahead looms for financial markets November 1, 2021 Bitcoin itself is up two per cent over the last 24 hours to just above the £62k mark, while Ethereum is also up 1.5 per cent to just above $4,300.