Car

BMW's CEO says Tesla will struggle to maintain its rapid growth because of mounting competition among electric-car makers

11 days ago   |   By Business Insider

BMW CEO Oliver Zipse and Tesla CEO Elon Musk.
Sven Hoppe/Picture Alliance via Getty Images, Hannibal Hanschke-Pool/Getty Images
Tesla may struggle to maintain its rapid growth as other carmakers launch their own EVs, Oliver Zipse said Monday.
"The rest of the industry is moving ahead big time," the BMW CEO said.
Tesla delivered almost 500,000 vehicles in 2020. Other automakers have committed to boosting electric-car sales.
Visit the Business section of Insider for more stories .
Tesla may struggle to maintain its rapid growth as its competitors ramp up sales of their own electric vehicles...
Read more ...

 

Bill Gates says he's not bullish on bitcoin as it uses 'a lot of energy' - and warns people who aren't as rich as Elon Musk against buying into the boom

11 days ago   |   By Business Insider

Bill Gates.
Getty Images for All In WA
Microsoft cofounder Bill Gates told Bloomberg he isn't bullish on bitcoin, and warned against jumping into the trade. People who don't have as much money to spare as Tesla CEO Elon Musk should watch out, he said. The climate activist thinks that anonymity behind bitcoin transactions is not a good thing. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bill Gates, the world's third-richest person, is not a fan of bitcoin , partly for environmental reasons. According to the billionaire, not only does bitcoin use a lot of energy...
Read more ...

 

Elon Musk's wealth tumbles by $15 billion after Tesla shares dropped 9% in one day

11 days ago   |   By Business Insider

Yasin Ozturk/Anadolu Agency via Getty Images
Elon Musk's wealth fell by $15 billion after Tesla's stock dived 9% on Monday. The slide was partly fueled by Musk's tweets that bitcoin and Ethereum's price "do seem high." Tesla also announced it would halt new orders for the lowest-priced version of its Model Y SUV. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Billionaire Elon Musk has yet again slipped to second place on Bloomberg's index of the world's richest people after his net worth dropped by $15 billion on Monday. His wealth fell to $183 billion, allowing...
Read more ...

 


Search by Tags

   Car      Business      Transportation      Tesla      China      India      BMW      Electric vehicle      Electric Vehicles      Money      Markets      Bill Gates      Bitcoin      Bitcoin allocation      Cryptocurrency      Crypto assets      Crypto Aware      Crypto Investments      Crypto investing      Elon Musk      Places      Diving      Weekends      Place      Tech Insider      Elon Musk Wealth      Billionaire      Crypto currency      Crypto prices      Tech      Stocks  


Biden says Americans will start receiving their $1,400 stimulus checks 'this...

President Joe Biden speaks from the State Dining Room following the passage of the American Rescue Plan in the U.S. Senate at the White House on March 6, 2021 in Washington... Read more ...

The most exclusive neighbourhoods in Barcelona

Known as a cosmopolitan city with a rich cultural heritage, Barcelona is a city that attracts people from all over the world to come and live. The cultural diversity stems from... Read more ...

Sorry I'm Late, A Massive Deer Used My BMW As A Springboard

Sorry I'm Late, A Massive Deer Used My BMW As A Springboard

During the three years of high school in which he had to drive himself to class, my brother somehow amassed a ridiculous amount of car mishap stories. He lost a wheel. He lost... Read more ...

A dietitian explains which non-dairy milk is best for you

More people are buying non-dairy milk like soy , almond , and oat - the market grew 62% between 2012 and 2018. That's great for the roughly five billion people who are lactose... Read more ...

How real Vermont maple syrup is made

The Maple Guild in Island Pond, Vermont produces 1 million bottles of maple syrup each year. It takes about 44 gallons of sap to make just 1 gallon of syrup. The Maple Guild... Read more ...

The Big Texas Freeze Doesn't Bode Well For EV Infrastructure

The Big Texas Freeze Doesn't Bode Well For EV Infrastructure

When Winter Storm Uri swept through Texas, the whole state shut down. Electricity was hit-or-miss for several days, with certain areas of the state hit the hardest. And that... Read more ...

At least 30,000 US organizations, small businesses and government offices...

Microsoft's CEO Satya Nadella Tobias Schwarz/Getty Images An espionage group has hacked some 30,000 US organizations over the past few days, KrebsOnSecurity reported. Microsoft... Read more ...

Prisoners in Tennessee were placed in the last group eligible for vaccines...

Vials of the Pfizer-BioNTech Covid-19 vaccine are prepared to be administered to front-line health care workers under an emergency use authorization at a drive up vaccination... Read more ...

Kayleigh McEnany said Trump finds it 'kind of freeing' to be off Twitter...

White House Press Secretary Kayleigh McEnany takes off her face covering before speaking with reporters outside the West Wing of the White House on October 2, 2020 in... Read more ...

General Motors Customers Are As Loyal As They Get: Report

General Motors Customers Are As Loyal As They Get: Report

Where I grew up in rural Michigan, there were two big debates: Michigan vs. Michigan State, and Ford vs. General Motors. People were willing to fight to the death to defend... Read more ...