Tesla
“Welcome To The Slave House”: Another Black Employee Has Filed A Racial Discrimination Lawsuit Against Telsa
HipHopWired Featured Video Source: JOSH EDELSON / Getty There are a number of reasons people, particularly Black people, have concerns when it comes to Elon Musk’s acquisition of Twitter. But all of his Trump-backing and “free speech” advocacy (which we all know will inevitably include hate speech and dangerous propaganda and misinformation) aside, Black folks are wary because Musk is responsible for Telsa and Telas has Black employees by the thousands accusing the company of racism. And that hasn’t changed as yet another Black Telsa employee has recently filed yet another racial discrimination lawsuit against the company. According to the San Jose Mercury News, Black Telsa employee Raina Pierce filed the suit on Friday suit claiming, among other things, that the manager at the Telsa ...
Weekly Report: Robinhood wallet goes live, Binance has both feet in Dubai and more
Here are the top headlines that you might have missed from the last week throughout to the weekend: Block, Blockstream and Tesla collaborate to achieve scaled Bitcoin mining using entirely renewable energy Abu Dhabi grants Binance in principal approval as a digital assets broker-dealer Robinhood’s crypto wallet is live but does not support NFTs and some cryptocurrencies, including Solana and Tether Pether Thiel terms Buffet, Dimon, and Fink as members of the “finance gerontocracy” holding back Bitcoin Coinbase has halted deposits via India’s UPI payment instrument Blockstream and Block launch a joint solar-powered Bitcoin mining initiative in Texas Blockstream co-founder Adam Beck on Friday announced during the Bitcoin 2022 Conference in Miami that his firm was launching a collaborative ve...
Elon Musk Opens Tesla’s Texas Gigafactory With EDM-Fueled “Cyber Rodeo” Event
No one knows how to throw a company party quite like Elon Musk. An event called Cyber Rodeo marked the grand opening of Tesla’s new Austin-based Gigafactory, a site which is expected to employ 10,000 people. The factory, located in Travis Country, will play a key role in the future of the company. It will serve as the new corporate HQ for Tesla, and Musk himself expects the site will become the biggest cell factory in the world, according to the Austin American-Statesman. A development of this significance needs an equally epic opening party, which is exactly what the company delivered. The livestreamed event, which saw Musk showered in neon lights as he took the stage, was precluded by a shimmering show of coordinated drone technology. Scroll to Continue Recommended Artic...
Blockstream and Block Inc to build solar Bitcoin mining facility powered by Tesla technology
On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site will be outfitted with 3.8 megawatts (MW) of electrical capacity using Tesla’s Solar photovoltaic cell array and 12 an MWh Megapack. Manufactured by Tesla Energy, Megapack is a powerful lithium-ion battery that provides energy storage and support. In context, one of the leading publicly listed Bitcoin mining companies, Hut 8 Mining, has about 209 MW in total contracted mining capacity. The purpose of the venture is to investigate the feasibility of operating a zero-emission energy Bitcoin mine. Blockstream and Block began collaborating on the project last June, with Blo...
Elon Musk Buys 9.2% of Twitter, Considers Own Social Media Company
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Sven Väth Performs DJ Set at Elon Musk’s Tesla Gigafactory In Berlin
Tesla CEO Elon Musk enlisted electronic music legend Sven Väth to perform a DJ set at the grand opening of the Tesla Gigafactory in Berlin. Väth’s set went down in late February, east of Berlin in Gruenheide, where the factory was built. As his performance took place, crowds were shown new Tesla models via a neon-lit tunnel. His DJ set follows a huge rave that Musk organized at the site, aptly dubbed Giga-Fest, back in October prior to the factory’s opening. “Yesterday I had the pleasure of spending some time with Elon Musk again,” Väth wrote in an Instagram post. “I played some techno beats for his opening of the really gigantic GIGAFACTORY!!!” Väth and Musk are longtime friends. The pair were spotted together in 2020 after the German DJ ...
Crypto vs. physical: Musk-Saylor inflation debate boils down to scarcity
As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a falling economy has become the need of the hour — especially for the general public across the world. Joining this discussion online, Tesla CEO Elon Musk asked publicly about the probable inflation rate over the next few years to gauge the notion of global investors. Sharing his thoughts on the matter, American billionaire and MicroStrategy CEO Michael J. Saylor opined that with rising inflation, he expects the capital cash flow will move away from traditional fiat into scarce assets such as Bitcoin (BTC). USD consumer inflation will continue near all time highs, and asset inflation will run at double the rate of consumer inflation. Weaker currencies ...
5 Lessons From Elon Musk the Music Industry Should Follow
Tesla CEO and SpaceX founder Elon Musk is a fearless leader. With a tank full of rocket fuel and an electrifying personality, these are many lessons musicians can follow from the self-proclaimed “Technoking of Tesla.” Originally from Pretoria, South Africa, Musk was born to be an entrepreneur. He developed and sold his first video game, Blastar, at the age of 12. Musk became infatuated by inventions and innovation so much that his parents and doctors ordered hearing tests. He went on to obtain a Bachelor’s degree in economics and physics and then moved to California to pursue a Ph.D in energy physics, but dropped out to catch a wave during the internet boom. Alongside his brother Kimbal, Musk in 1995 co-founded Zip2 Corporation, an online city guide providing content for The Ne...
Fading power? Weak DOGE spike after Elon Musk makes McDonald’s offer
Erratic billionaire and Tesla CEO Elon Musk has offered to eat a kids meal from McDonald’s live on television if the fast food giant adds Dogecoin (DOGE) as an official payment method. “I will eat a Happy Meal on TV if McDonald’s accepts Dogecoin” said the SpaceX CEO in a tweet on Tuesday morning. In the minutes following Musk’s tweet, the price of DOGE immediately jumped 7% from $0.135 to $0.145 where it remains at the time of writing Previous tweets from Musk have seen markets move far more substantially, with a recent announcement about using it for Tesla merchandise payments causing DOGE to surge over 25%. The current downturn may have something to do with it, but the smaller spike suggests Musk’s power to move markets is beginning to fade. I will eat a happy meal on tv if @McDon...
Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon Musk announced that Tesla would start accepting it as payment for merchandise. Tesla merch buyable with Dogecoin — Elon Musk (@elonmusk) January 14, 2022 After the announcement, DOGE price jumped nearly 13%, hitting a 30-day high of $0.2150. Its upside move came as a part of a larger intraday rally that already was taking place before Musk’s Dogecoin tweet went viral. The DOGE price went up by over 25% on Jan. 14 before correcting lower to $0.1986 on profit-taking. DOGE/USD hourly price chart. Source: TradingView Better than Bitcoin Tesla’s integration of a DOGE payment option on its online shopping portal came almost a month after Musk shared his willingness to accept the cryptocurrency as payment on ...
Tesla now accepting Dogecoin payments, DOGE price up 18% on the day
Reports of the electric vehicle company introducing support for DOGE payments surfaced earlier this week from an analyst that reviewed Tesla’s source code Texas-based EV maker and eco-friendly energy company Tesla has started accepting payments in the form of Dogecoin. Tesla’s chief executive and product architect Elon Musk, a long-time supporter of the meme coin, shared the news of the same today. The billionaire business magnate has publicly expressed that he prefers Dogecoin to Bitcoin as a payment alternative in the past. Musk, who has since taken up the name Dogefather, posted many tweets around Dogecoin last year, swinging the markets. In addition to Dogecoin, the techpreneur also holds Bitcoin and Ether in his portfolio. Not Tesla’s first rodeo in crypto Tesla anno...
Tesla launches Dogecoin payments for merch but there is a catch
Tesla CEO Elon Musk announced that Tesla now accepts Dogecoin (DOGE) as payment for the company’s merchandise. DOGE-eligible products in the Tesla store can be purchased by sending DOGE to Tesla’s Dogecoin wallet. While it’s accepting DOGE, the firm also clarified that they are not taking any other crypto. The company states that it cannot detect other assets but DOGE on its website. The business tells customers that “non-Dogecoin digital assets sent to Tesla will not be returned to the purchaser.” Additionally, items purchased with DOGE “cannot be returned, exchanged or canceled.” Tesla considers all sales made through DOGE as final that cannot be exchanged for cash. Tesla merch buyable with Dogecoin — Elon Musk (@elonmusk) January 14, 2022 Dogecoin creator B...
