Tesla (TSLA) is still the most shorted stock out of all the US large-caps, and Elon Musk suspects that Bill Gates still has a large position against the company.
Shorts, people betting against the stock of a company, have long played a part in Tesla’s history on the stock market.
Throughout the years, Tesla was often topping the list of the most shorted stocks on the NASDAQ. As the automaker…
Amazon appears to be throwing in the towel for its ambitious electric cargo bike delivery in NYC, recently putting its large cargo e-bike depot up for lease after letting its fleet of e-bike vans sit idle on the roof.
Electric cargo bikes designed for package delivery have…
Tesla officially launches Powerwall 3, releases specs
September 13, 2023
Tesla has now officially launched Powerwall 3 on its website and released all the specs – other than the battery chemistry used.
Last week, we reported on Tesla starting Powerwall 3 installations in the US despite having yet to launch the product on its website…
Production of electric mini-trucks begins in Texas
September 13, 2023
AYRO, an electric mini-truck maker based in Round Rock, Texas, has just announced the start of production at its local factory. The company’s first vehicle, known as the AYRO Vanish, is an electric utility truck with a modular design intended for a wide range of urban uses.
The company has begun with low-rate initial production (LRIP), which is a limited manufacturing run intended to validate…
Five ways CISOs are using AI to protect their employees’ digital devices and identities
September 13, 2023
Using generative AI to automate scripts seeking unprotected endpoints, ports and infrastructure security gaps, cybercrime gangs offer bounties for targeted organizations’ employee digital device passwords and identities. As many recent attacks show, putting any trust in…
21co Unwraps New Suite of Wrapped Cryptocurrencies – Bitcoin News
September 13, 2023
21.co, the parent company of crypto exchange-traded products provider 21shares, has introduced a suite of wrapped tokens pegged to top crypto assets across multiple blockchains. The wrapped tokens are designed to increase liquidity and interoperability between different…
US Air Force receives first new Compass Call electronic warfare plane
September 13, 2023
NATIONAL HARBOR, Md. — The U.S. Air Force has received its first EC-37B Compass Call electronic warfare aircraft from contractors BAE Systems and L3Harris Technolgies, industry officials announced Tuesday.
BAE Systems said in a release that the Air Force will next start combined developmental and operational testing for this Compass Call, the first of 10 aircraft planned for the Air Force.
The…
Air Force creates task forces to pilot modern deployments
September 13, 2023
NATIONAL HARBOR, Md. — The Air Force in fiscal 2024 will experiment with further changes to how it deploys airmen, service leaders announced at the Air and Space Force Association’s annual Air, Space and Cyber Conference here this week.
Air Force Secretary Frank Kendall…
Stay prepared during any and all weather this season with backup power solution deals from BLUETTI
September 13, 2023
In late August, Hurricane Idalia touched down on the Gulf side of Florida, resulting in significant damage and power outages throughout the Southeast United States. Unfortunately, natural disasters like this have become all too common as a symptom of climate change, so…
Hyundai is developing a Tesla-like Giga Press to boost EV production and cut costs
September 13, 2023
Hyundai is taking a page from Tesla as it plans to model a new EV production method after its Giga Casting. The new process,”hypercasting,” can significantly cut costs while boosting output.
According to an exclusive report from the Korean newspaper Hankyung, Hyundai’s new EV production method is inspired by Tesla’s Giga Casting.
The process involves injecting molten aluminum alloy into…