Rivian (RIVN) stock is down Tuesday after releasing Q4 and full-year 2023 results. Despite beating its 2023 production goal, Rivian’s deliveries fell short of Wall St’s expectations. Rivian said it expected a gap between deliveries and production due to Amazon limiting EDV intake during the holiday season.
Rivian stock falls after Q4 deliveries miss expectations
Rivian produced 17,541…
Yamaha announces new battery swapping for electric bikes
January 3, 2024
Japanese e-bike manufacturers are making a run towards battery-swapping as a convenient alternative to stopping and charging batteries. Yamaha is the latest company to spin-out a new battery-swapping venture, today announcing its new ENYRING.
Launching first in Europe…
Tesla (TSLA) has released its Q4 2023, and subsequently, full-year 2023, delivery results, and the automaker has broken another delivery record.
During the first three quarters of the year, Tesla delivered 1,324,074 vehicles around the globe.
With a guidance of 1.8 million…
As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy.
Kentucky has joined the trend of overtaxing EVs and letting gas cars get off without paying their fair share for the damage they cause to roads and your lungs, but it has gone beyond most other states and is now…
Crypto exchange Coinbase says that it has “extensively prepared” for spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC). Most spot bitcoin ETF applicants have named the Nasdaq-listed crypto platform as the custodian for…
'Bitcoin in the West Has Sold out, and Now Only the Global South Can Save BTC' — Ray Youssef – Interview Bitcoin News
January 2, 2024
According to Ray Youssef, the CEO of Noones, peer-to-peer (P2P) bitcoin trading is the United States’ public enemy number one because its potential widespread adoption by people from the Global South represents the “world’s first real threat to the U.S. Treasury…
Market Dynamics Shift as NFT Sales Tumble 63% Year Over Year – Market Updates Bitcoin News
January 2, 2024
According to recent statistics on non-fungible tokens (NFTs) for the past year, sales hit $8.70 billion in 2023. This figure represents a $15.04 billion or 63.35% decrease in NFT sales compared to the previous year.
2023’s NFT Sales Volume Declined Sharply, but Year-End Market Dynamics Hint at Diversity and Growth
Throughout 2023, despite an uptick in demand towards the year’s end, the annual…
Throughout the past year, enthusiasm and speculation around bitcoin and other crypto assets have surged, particularly as the year drew to a conclusion. The Motley Fool’s forecasts for 2024 strike a pessimistic tone, anticipating a “buy the rumor, sell the news”…
As the clock turned to 2024, bitcoin’s price danced between $42,094 and $42,781 per unit. On Jan. 1, amid the holiday’s quiet, bitcoin’s current technical indicators offer a mixed bag of signals, setting a contemplative stage for the year ahead.
Bitcoin
Jan. 1, 2024…
Cryptocurrency Miner Kidnapped for Ransom in Russia
January 2, 2024
In Izhevsk, Russia, a 23-year-old bitcoin miner was forcefully abducted from his residence as kidnappers demanded a ransom of 15 million rubles ($166,000).
23-Year-Old Russian Bitcoin Miner Kidnapped for Ransom
On Dec. 25, in a rapid sequence of events, it was reported that the crypto miner was kidnapped and subjected to coercion. The ordeal began when he was abruptly seized from his dwelling and…
