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April 14, 2021

Elon Musk

Tech billionaires are obsessed with climate change — but some question if they’re focusing on the right areas

CNBC
CNBC – For more and to sign up click here Combination: Jeff Bezos (L), Elon Musk (C) and Bill Gates (R). Reuters Climate change appears to be high on the agenda for tech billionaires like Elon Musk, Jeff Bezos and Bill Gates but some are questioning whether they’re focusing their......

Inside Redwood Materials, former Tesla CTO’s effort to recycle batteries for rare components

CNBC
CNBC – For more and to sign up click here Lithium-ion batteries are everywhere — in phones, laptops, tablets, cameras and increasingly cars. Demand for lithium-ion batteries has risen sharply in the past five years and is expected to grow from a $44.2 billion market in 2020 to a $94.4......

Venture funding soared to record $64 billion in Q1

CNBC
CNBC – For more and to sign up click here Coming off a boom year for the tech industry, investors spent the early part of 2021 pouring money into food delivery companies, online brokerages and Elon Musk’s SpaceX, leading to a record quarter for U.S. venture funding. Venture-backed companies raised......

The U.S. is facing a lithium-ion battery shortage as electric vehicle production ramps up

CNBC
CNBC – For more and to sign up click here As automakers continue to grapple with a semiconductor shortage, some experts say the next supply chain crisis for the U.S. could involve lithium-ion batteries. As companies like GM, Ford and a slew of start-ups ramp up their electric vehicle ambitions,......

Tesla refunds customers for duplicate charges after outcry

CNBC
CNBC – For more and to sign up click here This photo of a production version of Tesla’s Model Y was included in the company’s Q4 2019 earnings report. Tesla Tesla has refunded customers it charged twice for new vehicle purchases made at the end of the first quarter, CNBC......

California billionaire’s real estate firm to begin allowing tenants to pay rent in bitcoin

CNBC Real Estate
Billionaire Rick Caruso’s eponymous real estate company is jumping into the world of cryptocurrency, announcing Wednesday it will begin accepting bitcoin as rent payment at its residential and retail properties. The privately held firm said it also has invested a portion of its corporate treasury in bitcoin and entered into......

Warren Buffett-backed automaker sells more electric cars in March than Nio and Xpeng delivered

CNBC
CNBC – For more and to sign up click here Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese automaker BYD sold more than twice as many battery-powered electric cars......

SpaceX does not plan to add ‘tiered pricing’ for Starlink satellite internet service, president says

CNBC
CNBC – For more and to sign up click here SpaceX president and COO Gwynne Shotwell wants what SpaceX is doing to “reinvigorate the industry,” while also getting “young children thinking about being in the space industry again.” Kimberly White | Vanity Fair | Getty Images SpaceX president Gwynne Shotwell......

Fintech start-up Stripe enters the Middle East with UAE launch

CNBC
CNBC – For more and to sign up click here One of Silicon Valley’s most valuable private fintech companies has chosen Dubai for its first expansion into the Middle East and North Africa. Online payments company Stripe is expanding into the Middle East, just weeks after its latest funding round,......

Here’s how you can be forced to get the Covid vaccine in the U.S.

CNBC
CNBC – For more and to sign up click here President Joe Biden said in March that the U.S. aims to have 200 million Covid vaccine doses administered during his first 100 days in office. By May, every American adult who wants a vaccine will be eligible to get in......

Elon Musk tapped to join board of Endeavor Group, owner of UFC and Miss Universe contest

CNBC
CNBC – For more and to sign up click here Elon Musk, founder of SpaceX and chief executive officer of Tesla, waves while arriving to a discussion at the Satellite 2020 Conference in Washington, D.C., on Monday, March 9, 2020. Andrew Harrer | Bloomberg | Getty Images Elon Musk is......

SpaceX Starship prototype appears to crash upon landing after another clean, uncrewed launch

CNBC
CNBC – For more and to sign up click here The latest SpaceX prototype of its Starship rocket appears to have been destroyed during a landing attempt after a clean launch on Tuesday. The company’s livestream of the flight test froze as it came in to land, and thick fog......

Watch SpaceX attempt to launch and land Starship rocket SN11, its second prototype flight this month

CNBC
CNBC – For more and to sign up click here [This livestream is expected to begin shortly. Please refresh the page if you do not see the video player above.] Elon Musk’s SpaceX is preparing to launch the latest prototype of its next-generation Starship rocket on Tuesday, in the second high-altitude......

SpaceX should be forced to comply with Justice Department subpoena in probe of company’s hiring practices, judge recommends

CNBC
CNBC – For more and to sign up click here A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images SpaceX should be forced to comply with a subpoena from the......

A.I. researchers urge regulators not to slam the brakes on its development

CNBC
CNBC – For more and to sign up click here LONDON — Artificial intelligence researchers argue that there’s little point in imposing strict regulations on its development at this stage, as the technology is still in its infancy and red tape will only slow down progress in the field. AI......

Elon Musk tweets Tesla could become ‘the biggest company’ surpassing Apple

CNBC
CNBC – For more and to sign up click here Tesla CEO Elon Musk tweeted early Friday morning that “I think there is a >0% chance Tesla could be the biggest company” and added, “probably within a few months” in replies to followers. Musk’s second tweet offering guidance on timing......

Tesla ordered to have Elon Musk delete anti-union tweet

CNBC
CNBC – For more and to sign up click here Elon Musk, founder of SpaceX and chief executive officer of Tesla, waves while arriving to a discussion at the Satellite 2020 Conference in Washington, D.C., on Monday, March 9, 2020. Andrew Harrer | Bloomberg | Getty Images The National Labor......

British electric vehicle firm Arrival sinks in SPAC debut

CNBC
CNBC – For more and to sign up click here LONDON — British electric vehicle manufacturer Arrival began trading on the Nasdaq Thursday following a merger with a U.S. blank-check company. The company finalized its combination with CIIG Merger Corp, a special purpose acquisition company (SPAC) set up by former......

Crypto firm Blockchain.com rides bitcoin mania to a $5.2 billion valuation

CNBC
CNBC – For more and to sign up click here Blockchain co-founder and CEO Peter Smith speaks during the Web Summit tech conference in Lisbon, Portugal on November 6, 2018. Pedro Fiúza | NurPhoto via Getty Images LONDON — Blockchain.com, one of the world’s largest cryptocurrency wallet providers, announced Wednesday......

Elon Musk says people can now buy a Tesla with bitcoin

CNBC
CNBC – For more and to sign up click here Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Tesla CEO Elon Musk......

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