: Whether Tesla did sell any cars for bitcoins remains unclear and the company isn’t saying
Elon Musk says Tesla won’t take bitcoins for cars, due to environmental concerns.
Elon Musk says Tesla won’t take bitcoins for cars, due to environmental concerns.
U.S. wholesale prices increased sharply again in April and signaled that more inflation is bubbling up in the U.S. economy, just a day after another government report showed the cost of living rose at the fastest pace in 13 years. The producer price...
Gold prices retreat on Thursday, heading for a third straight slide as the precious metal extended a fall from the highest levels since around February on the back of jitters centered on rising inflation.
Oil futures fall Thursday, on track to snap a four-day winning streak, as the Colonial Pipeline resumes operations after shutting down in response to a ransomware attack. Traders were also tracking a continued surge in COVID-19 cases in India.
The 10-year Treasury yield on Thursday holds steady around the highest levels in weeks as fretting about rampant inflation in the aftermath of COVID-19 persists and investors await fresh economic reports for further signs of pricing pressures.
The parent company of Wish has seen its stock deeply discounted since its initial public offering, and the price was slashed yet again in late trading Wednesday.
Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment mining the cryptocurrency can have, Chief Executive Elon Musk said Wednesday, and prices of Tesla shares and the cryptocurrency dropped immediately after.
‘When people get desperate they stop thinking clearly,' the Consumer Product Safety Commission said following the Colonial pipeline ransomware attack.