Former staff sue Tesla over ‘mass layoffs’ June 21, 2022 Former employees at Tesla are suing the electric vehicle maker for carrying out what they say are “mass layoffs“, which they claim violated the law by not giving advance notice. In a lawsuit filed in Texas on Sunday, two former employees at the company’s Nevada factory allege Tesla violated the Worker Adjustment and Retraining Notification (WARN) Act [...]
Elon Musk’s child vows to change name to cut all ties with famous father June 21, 2022 Elon Musk's child has filed to sever all ties with the eccentric billionaire, stating she does not “wish to be related to my biological father in any way, shape or form”.
Bitcoin price shows signs of recovery as major cryptocurrencies push to the upside June 21, 2022 The price of Bitcoin is up another six per cent over the past 24 hours, changing hands for more than $21k this morning.
To turbocharge our own EV revolution we must ensure affordability for all June 21, 2022 The starting cost of a brand-new Nissan LEAF, the electric vehicle launched at Nissan over a decade ago, is just shy of £30,000. For roughly the same price, you can pick up a used Aston Martin DB9 with around 50,000 miles on the clock. Of course, we are comparing apples with oranges, but it highlights [...]
Monday’s Crypto AM Daily June 20, 2022 The Week in review With Jason Deane The theme of last week’s summary was that the narrow trading range Bitcoin had been in for weeks was “boring, but necessary” as the underlying development work is being ground out without fanfare. But that was last week. This week, Bitcoin and the broader markets were very anything [...]
Twitter turned WeChat: Musk lays out ambitions for $44bn takeover June 18, 2022 Tesla chief executive Elon Musk has framed his ambitions for Twitter as similar to China's WeChat: an all-encompassing messaging app and social media.
SpaceX fires employees over letter criticising CEO Musk June 17, 2022 SpaceX fired employees for their part in writing and circulating a letter that criticised CEO Elon Musk, the New York Times reported on Thursday. The rocket manufacturing company reportedly dismissed multiple workers who were involved in the letter, which blasted Musk’s public conduct and urged SpaceX to publicly condemn his Twitter behaviour. “Elon’s behaviour in [...]
Musk, Tesla, and SpaceX sued by Dogecoin investor over alleged “pyramid scheme” June 17, 2022 Elon Musk, Tesla, and SpaceX were hit by a $258bn (£210.2bn) lawsuit on Thursday by a Dogecoin investor accusing them of engaging in a “Crypto Pyramid Scheme (aka Ponzi scheme)” relating to the cryptocurrency. The complaint, filed in a Manhattan court, alleged that the world’s richest man and the two companies he runs, electric vehicle [...]
Friday’s Crypto AM Daily June 17, 2022 The Week in review With Jason Deane The theme of last week’s summary was that the narrow trading range Bitcoin had been in for weeks was “boring, but necessary” as the underlying development work is being ground out without fanfare. But that was last week. This week, Bitcoin and the broader markets were [...]
Bitcoin bounces back after biggest US rate rise in quarter century June 16, 2022 The Bitcoin price has recovered somewhat over the past 24 hours, rising to just below $22k again this morning.