Laszlo Hanyecz said he wouldn’t purchase a Tesla using Bitcoin. Hanyecz knows what he is talking about: he paid 10,000 Bitcoins for two pizzas in 2010, worth about $446 million at current prices. It was the first known crypto-currency commercial transaction. The price of Bitcoin stood at less than a penny back then. On Tuesday,…
The $100 million reward from Elon Musk’s gigaton carbon reduction competition will be handled by XPrize, a charitable organization that designs and hosts public competitions aimed at improving humanity through creativity. Musk revealed that last month he would donate $100 million as a reward for the best carbon capture technology, which was funded by the…
Clark County Nevada shared some photographs of the Las Vegas Convention Center (LVCC) Loop project from The Boring Company (TBC). The images showed the progress TBC has made at one of the LVCC Loop stations, where a stream of convention center guests will come and go once Elon Musk’s people mover is operational. The LVCC…
It appears that Tesla is indeed serious about encouraging customers to use Bitcoin to buy their vehicles in the future. This was suggested in a recently submitted Form 10-K that Tesla filed with the United States Securities and Exchange Commission on Monday. The electric car manufacturer announced in its filing that in January it had…
The Elon Musk effect is real, and it’s affecting everything from stocks to Cryptocurrencies. At 2:57 AM EST, the Tesla CEO Tweeted a legendary Lion King meme, with his face dubbed on Rafiki, and the Dogecoin logo photoshopped onto Simba. Before that, Musk shared a picture of Falcon 9 lifting off into the stratosphere. What…
The Boring Company’s underground tunneling projects are widely-appealing to Transit Departments and Authorities across the United States. Because of the sustainable tone of Elon Musk’s Boring Company, along with the efficiency of an Express-based system, agencies responsible for solving the issue of public passenger transportation are considering underground options more often than ever before. Above-ground…
Sandy Munro recently made a visit to the Gateway to Mars — also known as Boca Chica — and had a one-on-one interview with Elon Musk. You can watch the video below, but following the video are some quick takeaways in text format. Before getting started, Munro gave a special mention to John from Silicon…
Tesla CEO Elon Musk convinced Robinhood frontman Vlad Tenev to “spill the beans” regarding spontaneous trade restrictions on stocks during a Clubhouse meeting on Sunday evening. Tenev has been under heavy fire from retail investors who use the Robinhood platform for trading ever since subreddit WallStreetBets has caused several publicly traded companies to skyrocket in…
Elon Musk recently used Clubhouse, a drop-in audio chat service, to talk about a number of interesting topics. The CEO of Tesla and SpaceX spoke during the session about the Mars ambitions of SpaceX, aliens and UFOs, cryptocurrency, Neuralink, use of Lidar, and more. When asked about the SpaceX Mars project, Musk noted that he…
Tesla CEO Elon Musk’s 18-year post at the electric automaker is far from over, but “nobody should be CEO forever,” he said during the Q4 2020 Earnings Call on Wednesday. Musk was confronted with the question of if he were to ever step down as CEO, a plan that he entailed several years ago after Tesla started…