Tesla has used a new Texas state law to exempt its Austin gigafactory from Austin’s environmental regulations, as reported by Austin Business Journal.
Tesla’s Texas gigafactory is commonly referred to as being in Austin, but it is actually situated not far outside the city’s official borders.
This is technically part of Austin’s “extraterritorial jurisdiction” (ETJ) an area around the…
Rivian (RIVN) is still planning to build electric vehicles in Georgia, just not as soon as expected. After delaying construction, Rivian reaffirmed its commitment to an EV manufacturing plant in GA.
After unveiling the R2 last month, a smaller and more affordable…
Used car retailer CarMax just released its latest used EV sales data, and while the leaders are the same, their prices aren’t.
The used EVs people are buying
The top three most popular EVs at CarMax are the Tesla Model 3, Tesla Model Y, and the Nissan LEAF, according to…
Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps – Regulation Bitcoin News
April 24, 2024
The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful activities in the country.
Binance Apps Pose Threat to Security of Filipinos’ Investment Funds
The…
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions – Bitcoin News
April 24, 2024
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last…
Ripple Asks Court to Reject SEC's $2 Billion Penalty Request in XRP Case – Legal Bitcoin News
April 24, 2024
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them…
The size of the U.S. Navy’s fleet and the debate over how to increase it took center stage at a Senate Appropriations defense subcommittee hearing Tuesday.
In particular, senators expressed concern after a recent study found multiple important shipbuilding programs are running years behind schedule.
The delays come “despite unprecedented support by Congress. Headlines and delays like this…
To expand the US Navy’s fleet, we must contract
April 18, 2024
There is no substitute for fleet capacity. But generating it depends on healthy partnerships between the government and industry. After decades of corporate consolidation, the pendulum now swings toward consensus that the U.S. defense-industrial base must once again…
The U.S. Army’s Network Cross-Functional Team is slated for a leadership shakeup.
Maj. Gen. Jeth Rey, the team’s director, will be succeeded by Brig. Gen. Patrick Ellis, according to a personnel announcement shared by the Department of Defense. Rey has led the team at…
Tesla asks shareholders to move to Texas and re-pass Elon Musk's massive compensation plan
April 18, 2024
Tesla has filed a proxy with shareholders to ask them to vote for the company to move its state of incorporation to Texas and re-pass Elon Musk’s 2018 CEO massive compensation plan that was rescinded by a Delaware judge earlier this year.
In January, a judge sided with lawyers representing a Tesla shareholder alleging that Tesla’s board misrepresented Elon Musk’s CEO compensation package…
