Tag: said
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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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Volkswagen takes aim at Tesla with gigafactories
Volkswagen plans to build half a dozen battery mobile plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts to overtake Tesla and accelerate mass adoption of corded automobiles. The world’s No. 2 carmaker, which is in the midst of a major shift towards battery-powered automobiles, said on Monday it wants to…
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Masters of equities unfazed by spike in bond yields
The recent rise in interest rates triggered a bout of volatility, but it’s not making the pros in the stock market run for the hills just yet.Some of the world’s biggest fund managers say equities can persevere and continue rallying through the rise in government bond yields. They are focusing instead on prospects for a…
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Masters of equities universe are unfazed by spike in bond yields
The current rise in interest rates triggered a bout of volatility, however it’s not even producing the experts from the stock exchange run for the hills just yet.Some of the planet ’s largest fund managers state stocks could persevere and keep rallying through the increase in government bond yields. They’re focusing instead on prospects for…
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Volkswagen weathers pandemic with $10.7B profit
Volkswagen said Friday it made better than expected earnings of 8.8 billion euros ($10.7 billion) following tax in 2020 despite the pandemic. The world’s No. 2 automaker said the accelerated retrieval of China, its biggest single market, and resilient sales of luxury vehicles aided the bottom line.The company gave an optimistic outlook for this year,…
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The tide seems to be turning on ‘Work from Goa’ trend
Mumbai: “The exodus has finally begun”, a local real estate agent told Devika Sarin recently.Sarin, the co-founder of a boutique bed and breakfast and co-working space in Goa – Curioso Studio and Suites, knew immediately what the agent was referring to.Big-city dwellers, predominantly from the startup and tech community, who had – amid a raging…
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Bitcoin hits $1 trillion in market capitilisation
By Eric Lam Bitcoin’s market value reached $1 trillion for the first time, a surge that’s helping cryptocurrency returns far surpasses the operation of more traditional assets like stocks and gold.The biggest token has included over $450 billion of worth from 2021 to about $1 trillion, information compiled by Bloomberg show. The Bloomberg Galaxy Crypto…
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Investors worried as India mulls banning Bitcoin
Tesla’s enormous bet on Bitcoin has helped propel it into record amounts. But in India, people that have exposure to cryptocurrencies traded abroad aren’t joining the celebration. Reason: they’re unsure about the destiny of their investments as the Indian government proceeds toward banning cryptocurrencies like Bitcoin. A number of these investors, worried they might be…
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Bitcoin’s Tesla-driven rally fizzles after prices hit $48,000
By Joanna Ossinger and Eric LamThe frenzied rally in Bitcoin lost momentum on Tuesday after prices hit a new all-time high of $48,000.The cryptocurrency pulled back in the early U.S. hours, trading up 2.9% on the day around $46,000. Prices are still up more than 30% since the beginning of February.While the trading action was…
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Max optimism for multifamily: Dallas and Austin developers share challenges of 2020, outlook for 2021
As the pandemic tightened its grip on America, resident safety and wellbeing stayed the greatest priorities for High Street Residential, one of the most prolific multifamily developers in the Austin area. “We worked closely with our management partners to immediately adjust our working methods to better empower social distancing within common spaces, like creating a reservation…