Tesla

The crypto wallets of Elon Musk's companies have been located, according to blockchain analytics company Arkham Intelligence. Arkham cross-referenced financial reports with on-chain activity to locate the massive wallets.  Tesla Inc. and SpaceX have a combined total of around 19,800 Bitcoins,...

Tesla investor Ross Gerber took to X, formerly Twitter, to caution the younger generation about the pitfalls of investing in lesser-known cryptocurrencies, commonly referred to as “sh*tcoins.” What Happened: On Monday, Gerber took to X and urged them to focus on established...

The once-promising Chinese market is proving to be a tough nut to crack for American tech giants, with Apple Inc. (NASDAQ:AAPL) and Tesla Inc. (NASDAQ:TSLA) facing significant challenges. What Happened: The Chinese government’s shift towards nationalism and the rise of domestic alternatives...

The driving data of millions of Americans is being shared with insurance companies by automakers and data brokers, leading to increased insurance premiums for some drivers. What Happened: Internet-connected vehicles, including the Chevrolet Bolt, are capable of tracking driving patterns such as...

On Monday, the U.S. stock market presented a mixed performance. The Dow Jones index managed to turn higher, trading up by 0.12% to 38,769.66. However, the NASDAQ and the S&P 500 indices fell by 0.41% and 0.11% respectively. Amidst this, several stocks caught the attention of retail traders and...

Chinese electric vehicle (EV) manufacturers are introducing unconventional features such as in-car beds and kitchens to boost sales amid a domestic market slowdown. This move could potentially pose a challenge for Western automakers. What Happened: The Chinese EV market, known for its innovation,...

Tastytrade founder Tom Sosnoff spotlighted the remarkable trading activity of Nvidia Corporation (NASDAQ:NVDA). What Happened: Talking to CNBC’s “Last Call,” Sosnoff described that Nvidia’s current market position has very little to do with its fundamental story. “You...

Tesla, the electric car company owned by Elon Musk, has reaped a substantial profit of over $230 million from its Bitcoin investment, following the introduction of Bitcoin (CRYPTO: BTC) spot ETFs earlier this year on Jan. 11.  What happened: On-chain investigators uncovered this as they delved into...

The S&P 500 index soared past the 5,150-point mark, reclaiming its record-high territory, driven by comments from Fed Chair Jerome Powell hinting at potential interest rate cuts. The tech-heavy Nasdaq 100 also climbed, rising 1.5% for the day to 16,273.38. The S&P 500 ended the session 1.03...

The market value of Tesla Inc (NASDAQ:TSLA) has plummeted by a staggering $234 billion this year, surpassing the combined worth of industry giants such as McDonald’s Corp ($212 billion), Walt Disney Co ($202 billion), and Nike Inc ($148 billion). What Happened: Tesla’s market value has...

Edward Snowden, on Wednesday, took a subtle jab at Elon Musk after the Tesla Inc CEO announced that he would not be financially supporting “either” of the U.S. presidential candidates, seemingly referring to Donald Trump and Joe Biden. What Happened: Musk, in a post, said “Just to...

In a significant move on Wednesday, Cathie Wood-led Ark Invest made headlines by selling a staggering $48.8 million worth of Coinbase Global Inc (NASDAQ:COIN) shares, even as Bitcoin (CRYPTO: BTC) continues to capture the market’s attention with its recent surge to new highs. This strategic...

On Wednesday, U.S. indices closed positively as the Dow Jones Industrial Average edged up by 0.2% to reach 38,661.05. Meanwhile, the S&P 500 experienced a slight rise of 0.5%, settling at 5,104.76, whereas the Nasdaq rose by 0.6% to hit 16,031.54. These are the top stocks that gained the...

CNBC’s Jim Cramer has suggested that the current market activity may indicate a peak rather than a bubble. He pointed to specific stocks and the Nasdaq Composite’s recent decline as evidence. What Happened: Cramer, during his show Mad Money on Tuesday, analyzed the market’s recent...

The shares of electric vehicle heavyweight, Tesla Inc (NASDAQ:TSLA), have seen a significant drop, largely due to CEO Elon Musk‘s many unfinished projects and escalating competition. What Happened: Tesla is dealing with several issues including a growing competition, noted investor...