Activity at Binance was a pretty clear case of evasion and U.S. authorities needed to step in aggressively and as quickly as possible, the chairman of the Commodity Futures Trading Commission said on Tuesday. The U.S. agency sued Binance, the world’s largest crypto exchange, on Monday. “This seemed to be a pretty clear case of […]
Elon Musk
Shares of First Citizens BancShares Inc climbed to a record high on Tuesday, extending gains for a second day after scooping up the assets of failed peer Silicon Valley Bank. First Citizens BancShares rebounds to record high, https://fingfx.thomsonreuters.com/gfx/mkt/gdvzqkemmpw/Pasted%20image%201680024643514.png First Citizens rallied as much as 7.2%, briefly hitting an all-time peak of $959.99 before paring gains. […]
A trial kicks off in San Francisco federal court on Monday to determine how much money Tesla Inc must pay to a Black elevator operator who a jury determined was subjected to severe racial harassment while working at the electric auto maker’s flagship assembly plant. The trial is scheduled to last five days. Last year, […]
Elon Musk’s brain implant company Neuralink has approached one of the biggest U.S. neurosurgery centers as a potential clinical trials partner as it prepares to test its devices on humans once regulators allow for it, according to six people familiar with the matter. Neuralink has been developing brain implants since 2016 it hopes will eventually […]
Amazon.com plans to launch its first internet satellites to space in the first half of 2024 and offer initial commercial tests shortly after, the company said Tuesday, as it prepares to vie with Elon Musk’s SpaceX and others to provide broadband internet globally. Amazon’s satellite internet unit, Project Kuiper, will begin mass-producing the satellites later […]
It’s crunch time at Tesla Inc, where Elon Musk is looking to crack the code for making better, cheaper batteries. The electric-vehicle maker is recruiting Chinese and Korean materials suppliers to help lower the cost and boost the energy of its newest battery cells, even as the company struggles with battery-related performance and production issues […]
Tesla Inc is pioneering a new battery manufacturing process called dry electrode coating that it is applying to its new 4680 battery cells. The dry process, which Tesla obtained via its 2019 acquisition of California startup Maxwell Technologies, replaces a traditional, complicated step of battery manufacturing that involves coating the electrode foil with a wet, […]
1. Lithium Price Slide Deepens as China Battery Giant Bets on Cheaper Inputs By now, it is out in the open that the COVID-19 pandemic played a remarkable role in hastening the global reliance on lithium for EV batteries as the world pushes to reduce carbon emissions as it marches on a path towards an […]
A SpaceX Crew Dragon capsule arrived safely at the International Space Station (ISS) after a brief delay early on Friday, carrying two U.S. astronauts, a Russian cosmonaut and a United Arab Emirates astronaut on a six-month science mission. The autonomously flying spacecraft dubbed Endeavour docked with the space station shortly after 1:40 a.m. EST (0640 […]
Tesla is readying a production revamp of its top-selling Model Y, according to three people with knowledge of the plan. The changes to the Model Y – code-named Project Juniper – involve the exterior and interior of the electric vehicle (EV) with a target of starting production in 2024, according to two of the people, […]