Bitcoin turns twelve January 4, 2021 Crypto at a Glance Happy 12th birthday, Bitcoin (for yesterday)! via GIPHY On 3 January, 2009, the pseudonymous creator of Bitcoin, Satoshi Nakamoto, launched the ‘Genesis Block’ and laid the foundations for a new financial order. Yesterday, the original, the undefeated, aaaand stiiiill the largest cryptocurrency by market cap, Bitcoin, celebrated by surging to yet-another [...]
Tesla sets vehicle delivery record but falls just short of Musk’s target January 3, 2021 Tesla set a fresh record for vehicle delivery numbers in 2020, but narrowly missed out on hitting boss Elon Musk’s target. The electric car maker delivered 499,950 vehicles during the year, well above Wall Street expectations of 481,261 vehicles. However, the figure was 450 vehicles shy of Musk’s target of half a million. In a [...]
Musk claims Apple once snubbed talks to buy Tesla December 23, 2020 Elon Musk has claimed Apple chief executive Tim Cook snubbed talks to buy Tesla back in 2017, when it was going through its “darkest days”. The tech billionaire said he reached out to the iPhone manufacturer in 2017, but CEO Tim Cook refused to take the meeting. Yesterday Musk tweeted: “During the darkest days of [...]
Tesla shares jump to record high ahead of S&P 500 debut December 19, 2020 Tesla shares rose to a record high on Friday as investors geared up for the electric carmaker’s anticipated entrance into the S&P 500 index. The company, headed up by billionaire Elon Musk, will become the most valuable ever admitted to Wall Street’s main market on Monday, accounting for more than 1 per cent of the [...]
Why the new electric Polestar 2 should have Tesla worried December 16, 2020 The Polestar 2 is a cool and clever electric family car – and a direct rival for the best-selling Tesla Model 3.
Green energy — it’s bigger than the internet November 25, 2020 Last week, media outlets across the country suggested a new rule of internet etiquette: scrap unnecessary emails in order to save the planet. We should all, apparently, stop sending “thank you” emails, as the servers transmitting them use even more energy, emitting carbon and contributing to climate change. Don’t get me wrong, I am all [...]
On the charge: Tesla breaks $500bn market valuation after stock rally November 24, 2020 Tesla has broken through the $500bn (£375bn) market value mark following a mammoth rally that has seen its share price rise more than sixfold this year. The company’s shares were opened more than five per cent up today to give the firm a market cap of $519bn. The growth will round off an historic year [...]
Wall Street hits record high on vaccine hopes and Biden transition November 24, 2020 US stocks pushed to record highs this afternoon as investors welcomed positive and signs that US President Donald Trump is accepting his election loss. The Dow Jones climbed 1.6 per cent to set a new record high, trading above 30,000 points for the first time. The gains mean it is on track to cement its [...]
Not heard of Polestar? This £139,000 hybrid coupe is here to change that November 20, 2020 The Polestar 1 is a 600hp carbon-bodied plug-in hybrid designed to get this new brand noticed. Are you paying attention yet?
Struggling Cineworld leads the list of 10 most shorted UK stocks November 19, 2020 Investors have taken big bets against cinema group Cineworld and energy firms Premier Oil and Tullow Oil, with Blackrock taking the highest number of short positions in the UK market, new analysis has shown. Behind Cineworld, Premier and Tullow, the most shorted stocks as of 12 November included oil services firm Petrofac, lender Metro Bank [...]