PARIS — Belgium’s new government vows to boost the defense budget over the coming years to ensure the country, notoriously one of NATO’s worst performers on military spending, starts pulling its weight in the alliance.
The government of Prime Minister Bart De Wever plans to set the Belgian defense budget on track to reach current NATO spending targets by 2029, and the coalition agreement…
Ford CEO warns Trump tariffs will 'blow a hole' in the US auto industry like we've never seen
February 13, 2025
As automakers brace for new tariffs on imports from Mexico and Canada, Ford’s CEO Jim Farley is warning the extra costs would be “devastating.” Farley said the additional tariffs, which could go into effect as soon as March 1, would be a “blow a hole” in the US…
Lucid (LCID) CEO predicts 'exponential' growth, and it's not just from selling luxury EVs
February 13, 2025
Can Lucid (LCID) make 1 million EVs a year? CEO Peter Rawlinson said this is his vision, and Lucid has ambitious plans to achieve it. After launching its first electric SUV, the Gravity, Lucid will enter the mass market with its midsize platform starting at around $50,000.
Tesla starts production at Megafactory in Shanghai
February 13, 2025
Tesla has started production at its new Megafactory in Shanghai, its second such factory, and it is starting to ship to its first customer.
Energy storage has been Tesla’s silver lining over the last few quarters.
While its main business, the automotive business, has been shrinking in both revenue and margins, its energy storage business has been growing at an impressive pace.
That’s mainly…
20 US States Push Bitcoin Reserve Bills, Potentially Igniting a $23 Billion BTC Buying Frenzy
February 13, 2025
Lawmakers in 20 U.S. states are pushing bitcoin reserve bills that could inject $23 billion (247K BTC) into the market, according to Vaneck’s head of digital assets research, who calls the estimate conservative.
20 State Bitcoin Bills Could Unleash a $23 Billion Buying…
NC's Crypto Investment Bill Advances, Bringing Digital Assets Closer to Public Portfolios
February 13, 2025
North Carolina is set to modernize its investment strategy with a bill allowing the State Treasurer to allocate funds to digital asset products, signaling a shift toward blockchain-based finance.
North Carolina Considers Crypto Investments for State Funds in New Bill
North…
Metrics reveal Ripple’s newly minted stablecoin, RLUSD, has eclipsed the $100 million threshold mere weeks after its mid-December 2024 debut.
RLUSD Supply Climbs to 108M
As of Feb. 12, 2025, the broader stablecoin arena boasts a valuation of $224.367 billion. While RLUSD’s slice of this financial pie remains extremely modest, its trajectory shows steady momentum, now claiming 108.66 million…
It’s a tale as old as time. A man takes a ride on an electric motorcycle and thinks to himself, “This is great, but you know what it’s missing? The ability to morph into an electric snowmobile, too.”
Ok, perhaps it’s not the most common thought among us. But that…
Lease deals get all the hype, but most people still want to own the car after they’re done making all those payments on it. If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a bunch of great plug-in…
Rumors leaked last week, and now it’s official: the Rivian Commercial Van is now available to order for fleets of any size, even down to a single van – but still only for businesses, not individuals.
Rivian first announced it would make electric delivery vans in 2019, as part of a partnership with Amazon, who ordered 100,000 of the vehicles. The company has delivered around 20,000 of the vans…
