Bitcoin fell to a seven-week low on May 12, as prices dropped below the $27,000 level in today’s session. Friday’s decline came as a red wave swept through cryptocurrencies, with the market cap down 2.75% as of writing. Ethereum also slipped to its weakest point since March.
Bitcoin
Bitcoin () dropped below the $27,000 level in today’s session, pushing prices to a seven-week low.
Following…
Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is now running normally.
New footage of a refreshed Tesla Model 3 has leaked, giving a peek at the interior for the first time – including a new steering wheel.
Late last year, we started hearing rumors that Tesla was working on a Model 3 refresh that would come during the second half of 2023.
The competition between the world’s largest EV makers is about to heat up. According to a new report, BYD is set to unveil a new advanced driver assistance system (ADAS) later this year that will rival Tesla’s Autopilot.
While Tesla delivered another record 422,875 vehicles in the first quarter, maintaining its hold on the US EV market, BYD continued its dominance in China.
BYD delivered…
Rooftop solar arrays on industrial buildings could potentially meet the electricity demands of up to 35% of US manufacturing sectors annually, according to a newly released study.
The study is published in IOP Publishing’s journal Environmental Research…
Hertz announced today that it plans to add up to 6,000 rental EVs to its existing fleet in Orlando for leisure and business customers, as well as rideshare drivers.
The rental car giant will also support the installation of up to 50 public fast chargers across the Greater…
Tesla (TSLA) shares jumped by a few billion dollars worth of valuation as Elon Musk announced he found a CEO for Twitter.
The automaker’s share price took a big hit from Elon Musk’s acquisition of Twitter.
Directly as Musk had to sell tens of billions of dollars worth of Tesla stocks to acquire the social media platform, but also indirectly through diminishing confidence in the automaker as…
Wind power overtook gas to become the UK’s main source of electricity in the first quarter of 2023.
That’s a first for the country, which is a world leader for installed offshore wind capacity. However, onshore wind turbine installation has been banned in England since…
A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining…
Tesla launches Powerwall in Spain
May 12, 2023
Tesla announced the launch of Powerwall, its home battery pack, in Spain – the latest market to get Tesla Energy.
Even though Tesla launched Powerwall almost a decade ago, the automaker has yet to expand it to all its markets.
The demand was so high for the home battery pack that Tesla had to focus its limited production capacity on its home market, the US, and markets where it would make the…
