Tesla

    • Tesla plans to sell cars for bitcoins

      Tesla plans to sell cars for bitcoins

      The maker of electric cars Tesla has announced plans to accept payments in bitcoin crypto currency for its products, Reuters reported. Tesla elaborated that it had already bought some $1,5 billion worth of bitcoins. The information is included in a filing with the SEC.

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    • Best carbon capture tech to be awarded  $100m prize by Elon Musk

      Best carbon capture tech to be awarded $100m prize by Elon Musk

      Tesla and SpaceX CEO Elon Musk, now the world's richest person with a net worth north of $180bn, announced on Twitter his plans to give away $100m of his fortune as a prize for the "best carbon capture technology." Details on Musk’s upcoming carbon capture competition have not been released but are expected to arrive “next week,” meaning it's not yet clear how such a contest will work or even what technologies might qualify. 

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    • Musk overtakes Bezos to become world's richest person

      Musk overtakes Bezos to become world's richest person

      Robust market performance of the stocks of electric car maker Tesla paved the way for its chief and billionaire Elon Musk to surpass e-commerce Amazon.com chief and main shareholder Jeff Bezos to become the world’s richest man, Reuters reported. After this weeks stocks gains in Tesla, Musk had a net worth of more than $188,5bn, which tops by $1,5 billion Bezos.

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    • Tesla unveils new energy grid storage product

      Tesla unveils new energy grid storage product

      This week Tesla announced its largest battery product. Called Megapack, it's designed to simplify the installation process for large energy-storage projects. According to a statement, each Megapack can store up to 3 megawatt hours of energy and convert up to 1.5MW of energy from a direct current (DC) to an alternating current (AC) so homes can use it.

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    • Tesla unveils Robotaxi concept

      Tesla unveils Robotaxi concept

      Tesla’s billionaire CEO, Elon Musk, laid out a vision for a huge fleet of self-driving electric vehicles that owners could share with friends or other riders, with Tesla getting a cut of the proceeds. The Robotaxi concept, as described by GeekWire, relies on the ability to make Tesla cars fully autonomous, to the point that the steering wheels can be removed. The cost to run a Robotaxi would be less than 18 cents per mile, compared with 62 cents per mile for US ownership cost and $2 to $3 per mile for traditional ride-sharing models.

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    • Toyota, Panasonic team up to make EV batteries

      Toyota, Panasonic team up to make EV batteries

      Panasonic, Tesla’s battery cell partner, has reportedly agreed to set up a joint-venture company with Toyota to manufacture electric car-batteries and eventually solid-state batteries, too. According to a report from Japan’s Nikkei, In the EV battery cell venture Toyota would hold a controlling 51 percent stake, while Panasonic would transition five of its car battery production plants in China and Japan to the new spinoff company. More details deal are expected to be unveiled "as soon as this week" by the Japanese manufacturers.

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