Tesla

Bitcoin drops 12% after Tesla suspends Crypto Payment for its Vehicles

May 13, 2021
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The price of bitcoin has plummeted after Tesla CEO Elon Musk announced that his company will be suspending the move to accept crytocurrency as payment for its electric vehicles. According to cryptocurrency news site Coindesk, bitcoin was down around 12% early Thursday morning, which brings the coin’s price down to about $50,900. After months of […]

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Tesla Buys $1.5B in Bitcoin, to Accept it as Payment Soon

February 11, 2021
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In a SEC filing on Monday, Tesla announced that it has bought some bitcoin cryptocurrency, worth $1.5 billion. In a filing with the Securities and Exchange Commission, the electric vehicle maker said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” The company also said that very soon […]

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Car Hacking: Fact or Fiction?

April 12, 2019
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The era of connected cars and autonomous vehicles is definitely here. Carmakers are investing heavily in their own autonomous vehicles. The technologies are already on the market too, with Tesla leading the way and other car companies introducing their own versions soon after. Cars are getting smarter, but the smart features of modern cars introduce […]

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New Technology Could See Flying Cars on the Market by 2019

November 22, 2017
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Zhejiang Geely Holding Group Co. have recently purchased Boston based company Terrafugia, with the aim to meet their target of selling flying cars by 2019. Heavy investment in flying car technology has come from both governments and private companies in the last few years – from Nasa and Uber in America to the Roads and […]

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