Tesla has acquired around $1.5 billion in Bitcoin under an investment policy at the electric car maker headed by Elon Musk, and it plans to begin accepting the digital currency as payment for vehicles soon.
The California company revealed the new strategy in a filing with the U.S. Securities and Exchange Commission early Monday, saying its investment in digital currency and other “alternative reserve assets” may grow.
Bitcoin spiked 14% and appeared to briefly hit a new all-time high. Shares of Tesla moved higher as well.
In its fourth quarter earnings report last month Tesla said it had cash and cash equivalents of $19.4 billion.
Workers are now navigating weekly changes from the app companies, including changes to pay calculations and reduced work flexibility.
In case you needed yet another incentive to cram all your travel items into a carry-on, Delta Airlines has just boosted the cost of your first checked bag by 17 percent.
Lawmakers in at least seven states are taking big legislative swings to regulate bias in artificial intelligence.
Spot Bitcoin ETF glee and pre-halving hype combined to top the cryptocurrency's previous record from November 2021.
Spring has sprung! Time to tackle more than your garden.
Time for Kylie to get that cat?
The U.S. Supreme Court unanimously decided Monday to restore former president Donald Trump to 2024 presidential primary ballots. The court Monday rejected state attempts to hold the Republican former president accountable for the Capitol riot.
With warmer days and holidays ahead, it’s time to start planning.
JetBlue and Spirit Airlines are ending their proposed $3.8 billion merger after a federal judge blocked the deal, ruling it would hurt competition.
The collapse of our own global economy as explained by "Dune."
