Cleantech & EV'sNews

Tesla lays off 'more than 10%' of its global workforce

April 16, 2024
Tesla has announced layoffs of “more than 10%” of its global workforce in an internal company-wide email. We exclusively reported yesterday that Tesla was prepping a massive layoff. For the last few months, it has looked like Tesla might be preparing for a round of layoffs. Tesla told managers to identify critical team members, and paused some stock rewards while canceling some employees’…
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CryptoNews

Bank of Russia Supports Cryptocurrency Usage for International Settlements

April 16, 2024
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast, payments with national digital assets will be launched without similar precautions. Bank of Russia…
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Cleantech & EV'sNews

Illinois to spend $25.1 million on public EV charging infrastructure

April 15, 2024
Illinois Environmental Protection Agency Director John J. Kim has announced plans to spend more than $25 million on new EV charging infrastructure under the Driving a Cleaner Illinois program. That $25.1 million of Illinois EPA money ($25,152,259.44, to be exact) is being awarded to 20 applicants, and will eventually fund 643 new Direct Current Fast Charging (DCFC) ports at 141 locations…
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CryptoNews

JPMorgan Warns of Downside Risk in Crypto Markets

April 15, 2024
JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds…
CryptoNews

Coinbase Challenges SEC’s Definition of 'Investment Contracts' in Crypto Transactions

April 15, 2024
In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital asset transactions. This pivotal case could set significant precedents for the cryptocurrency industry in the United…
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