The more Elon Musk blends payment U-turns, social media memes and stand-up comedy, the harder it will be to detect where the future of money ends and the “hustle” begins. Which might be the whole point.
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Tesla will no longer accept bitcoin for car purchases, CEO Elon Musk said on Wednesday, citing long-brewing environmental concerns for a swift reversal in the company’s position on the cryptocurrency.
The value of dogecoin dropped sharply in early US hours on Sunday after Elon Musk called it a “hustle” during his guest-host spot on the Saturday Night Live comedy sketch TV show.
The global chip shortage is going from bad to worse with car makers on three continents joining tech giants Apple and Samsung Electronics in flagging production cuts and lost revenue from the crisis.
A Tesla electric car that “no one” appeared to be driving crashed late on Saturday in Texas in the US, erupting into flames and killing the two passengers, according to local authorities.
China’s Huawei is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome US restrictions that have devastated its smartphone business.
The rally in tech shares has taken the number of people with fortunes of more than $100-billion to eight.
Forbes’ annual world’s billionaires list includes a record-breaking 2 755 billionaires, with Amazon.com founder Jeff Bezos topping it for the fourth consecutive year.
Volkswagen of America’s purported name change to “Voltswagen” was an April Fool’s joke gone bad.
BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German car maker is behind on electrification, its top executive said.