Tesla recalls more than 817,000 cars over seat belt chime malfunction February 3, 2022 Tesla was forced today to recall more than 817,000 US vehicles after the National Highway Traffic Safety Administration (NHTSA) flagged a malfunction in the technology that reminds drivers to fasten their seat belts. The agency said that in several models – including the 2021-2022 Model S and Model X, the 2017-2022 Model 3 and the [...]
Crypto markets drop as Facebook earnings threaten wider market recovery February 3, 2022 The price of Bitcoin is currently down by more than three per cent since yesterday morning to around $37,000.
Both Bitcoin and Ethereum show signs of renewed confidence February 2, 2022 Bitcoin continues to trade sideways as it has for the past seven days, changing hands for around $38,500 this morning.
Has the falling price of Bitcoin turned a corner? February 1, 2022 The Bitcoin price is up nearly three per cent this morning at just above $38k, having yesterday climbed above $38,500 for the first time in more than a week.
No victory for bull nor bear as Bitcoin dishes up more sideways movement January 28, 2022 Bitcoin’s price – the indicator that everyone focuses on the most – is still entirely directionless and remains incapable of making a move either way
Could we see a meme stock repeat? January 28, 2022 For the retail investors at the heart of it, the so-called meme stock surge last January was a case of David vs Goliath.
Bitcoin recovery wobbles as US hints at aggressive interest rate hikes January 27, 2022 The Bitcoin price is down three per cent this morning, as the recovery we’ve seen this week across global financial markets wobbled.
Go green or go home: Renault, Nissan and Mitsubishi invest £19.2bn in EV development January 27, 2022 A consortium formed by automotive giants Renault, Nissan and Mitsubishi will invest €23bn (£19.2bn) within the next five years to develop electric vehicles (EV). As part of its Alliance 2030 electrification strategy, the consortium will increase the number of common EV platforms from four to five, developing 35 new EV models by 2030. The car [...]
LG Energy Solution becomes South Korea’s second-most valuable firm after formidable debut January 27, 2022 LG Energy Solution Ltd (LGES) saw its stock price soar 68 per cent following its trading debut, as the battery maker becomes South Korea's second-most valuable company.
Tesla revenue exceeds analyst forecasts by more than $1bn January 26, 2022 Tesla enjoyed an upbeat fourth quarter, as its revenue exceeded analyst estimates by more than $1bn. The car manufacturer, which specialises in electric vehicles (EVs), secured $17.7bn in revenue, with analysts expecting a figure closer to $16.6bn. Tesla, the brainchild of billionaire entrepreneur Elon Musk, also reported adjusted earnings per share of $2.54, up from [...]