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SpaceX sells Bitcoin holdings and writes down $373 million: Report
SpaceX has reportedly liquidated its entire Bitcoin holdings, accompanied by a $373 million write-down. The sale, first reported by The Wall Street Journal, indicates that SpaceX had previously recorded Bitcoin worth $373 million on its […]

BC Utilities Commission rejects BC Hydro’s proposed EV charging rates
The British Columbia Utilities Commission (BCUC) has rejected BC Hydro’s bid to introduce new interim rates at its electric vehicle (EV) charging stations. Instead, the BCUC has established a Streamlined Review Process (SRP) aimed at […]

Tesla warns of legal action against Core Lithium over failed supply agreement
Core Lithium has revealed that it has received a notice from Tesla regarding a supply agreement that failed to materialize as per the agreed timeline. The disagreement centers around a binding term sheet signed in […]

Tesla delivers nine Cybertrucks to Fremont, but why?
Over the last few days several cargo trucks have been spotted carrying newly built Cybertrucks across the US, some of which appeared to be destined for crash testing. While we don’t know the destination for […]

SpaceX earns first profit in Q1 2023
SpaceX has taken a significant leap forward in its financial journey. According to a report by The Wall Street Journal, Elon Musk’s company achieved a noteworthy milestone by turning a profit during the first quarter. […]

Rivian R1T Dual-Motor variants receive official EPA range ratings
The new dual-motor variants of the Rivian R1T have received their official range ratings from the United States Environmental Protection Agency (EPA), and the figures show off impressive efficiency. First introduced into production in May, […]