Tag: company
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Tesla suspends use of bitcoin over ‘rapidly increasing use of fossil fuels’
Value of digital currency falls 17 per cent, following Tesla CEO Elon Musk finishes decision to let customers pay for its cars in bitcoin Tesla has suspended that the auto giant’s usage of bitcoin just months after announcing it would take the digital currency as payment for its own cars, citing worries over its huge…
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Tesla scouts for showroom space in India, hires executive for lobbying: Sources
Tesla Inc is scouting for locations to open showrooms in three Indian cities and has hired an executive to lead its lobbying and business efforts ahead of its planned entry into the country, sources familiar with the discussions told Reuters. The electric-car maker in January registered a local company in India, where it is expected…
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Buy a Tesla Electric Car using BitCoin: Elon Musk
Electric Car manufacturer Tesla, has started accepting payments for the purchases made, throughout the cryptocurrency called BitCoin. The news was made by the CEO of the company, Elon Musk, who tweeted about the exact same on his social networking handle. This official statement makes Tesla the very first important automaker to begin accepting payments in…
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Blink, NIO, Nikola or Li Auto: how much money you would have made by investing €1,000 in Tesla’s electric rivals a year ago
This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here. For years now, electric cars have been on everyone's lips and there are warnings about…
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What Is Market Share & How Do You Calculate It?
Growing up, I was used to perform”grocery store” with my sister. We’d go into our pantry, simply take out all of the food, and establish a grocery shop in our living area. I would normally”buy” goldfish. You may be thinking,”What does this have to do with market share?” Well, let’s say I bought 10 bags…
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Musk says ‘can now buy a Tesla with bitcoin’
Tesla Inc chief Elon Musk said on Wednesday that the provider’s electrical vehicles can now be bought using bitcoin and the option will be accessible outside the United States later this year. “You can now buy a Tesla with bitcoin,” he tweeted Wednesday, including that bitcoin paid to Tesla won’t be converted to conventional currency.The…
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How Sustainability Results In Competitive Advantage
Last October, Procter & Gamble investors, owner of such megabrands including Tide, Bounty, Crest, Pampers, Olay, Gillette, and Downy, approved a proposal to publish a new report on what’s being done to address deforestation. The Board of Directors had advised against approving the suggestion. P&G uses a great deal of woods. There’s the Bounty brand…
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The quest to replicate Tesla’s success keeps EV mania alive
By Craig TrudellTesla has thrilled several investors and jarred the others by soaring to some $616 billion evaluation this month, an amount the planet ’s top seven carmakers were jointly worth in the beginning of the year. The business is currently comfortably in a category by itself, defying even Chief Executive Officer Elon Musk’s warnings.…
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RAISE 2020: Deep tech startup RoadMetrics crowdsources data to map road information at scale
2 decades back, Dipen Babariya and Mishal Jariwala have been on their way into a friend’s home in Surat. Google Maps suggested a different time-saving, shorter course. However, poor road conditions and inaccurate information meant it took the duo twice the time to attain their destination. This pain point led the youth friends to…
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No revenue is no problem in the 2020 stk market
By Chris BryantWall Street isn’t always too fussed about whether a start-up is profitable before listing on the stock exchange. A decent track record of sales growth is usually pretty essential, though. That quaint idea has been turned on its head this year by the fad for special purpose acquisition companies. Called SPACs for short,…