Tesla has been continuing its record deliveries for the past six consecutive quarters. The company delivered 936,172 electric vehicles in 2021, almost doubling its 499,550 count in 2020. Thanks to surging demand in China, Q4 alone saw 308,600 deliveries, up 70% from last year. CEO Elon Musk...
On Monday, the electric-vehicle giant Tesla became the first automaker to reach $1 trillion in market value, following news that the rental car company Hertz has placed an order for 100,000 Tesla Model 3 vehicles. While the financial terms were undisclosed, the purchase could mean revenue of $4.2...
Former U.S. President Donald Trump has announced the launch of his own social media network, TRUTH Social, to “stand up to Big Tech,” companies like Facebook and Twitter that have barred him from their platforms. The social media news network is set for a beta launch in November and...
The American movie theatre chain AMC has announced that it will start accepting Bitcoin as a payment method for theatre tickets by the end of this year. Payments with Bitcoin will be made online and will be accepted in all AMC theatres across the US. The company will also add...
On a colossal win announced Friday, the Federal Aviation Administration (FAA) has granted Virgin Galactic the license it needs to fly commercial passengers to space. The company cleared the final two FAA milestones, testing the spacecraft’s flight control and inertial navigation systems, with its test spaceflight last month. The...
The California-based space company Rocket Lab has announced a new reusable rocket called Neutron that can compete with SpaceX's Falcon 9 rocket. Standing at double the height (40 meters/131ft) of their Electron rocket, Neutron will be able to carry 8,000 kilograms to orbit. Only the rocket's first stage...
