Scottish Mortgage and Baillie Gifford cash in on som Tesla shares

High-flying fund manager Baillie Gifford has significantly reduced its Tesla share holdings across at least 11 of its funds and investment trusts, including Scottish Mortgage.  The Edinburgh-based fund manager, which was Tesla’s largest external investor with a 7.7 per cent stake as recently as last year, sold off shares during January, This is Money research … Read more

Elon Musk’s new Tesla roadster may have jets so it can hover

Elon Musk has spoken about how he wants the new Tesla supercar to be fitted with jets so it can hover three feet off the ground in a podcast on Thursday. Tesla first announced the next-generation Roadster in 2017, claiming a list of impressive specifications including 0-60 MPH in 1.9 seconds, and a battery range … Read more

Elon Musk: New Tesla roadster could be fitted with jets so it can hover

Elon Musk has spoken about how he wants the new Tesla supercar to be fitted with jets so it can hover three feet off the ground in a podcast on Thursday. Tesla first announced the next-generation Roadster in 2017, claiming a list of impressive specifications including 0-60 MPH in 1.9 seconds, and a battery range … Read more

Tesla owner narrowly avoids being crushed by his own car as it slides down icy driveway

Tesla owner narrowly avoids being crushed by his own car as it slides down icy driveway after he parks it Chris Cornish bought the electric £59,000 Tesla Model 3 one year ago  He parked the car at the top of his driveway in Kent during the recent snow As he closed the car’s door, it … Read more

Is Tesla buying Bitcoin a sign the currency is becoming mainstream?

Bitcoin’s value hit another record this week after Elon Musk’s electric car company Tesla revealed its $1.5billion (£1.1billion) investment in the cryptocurrency and said customers would soon be able to buy its vehicles with the currency. The virtual currency’s value has now soared by 372 per cent in the last year to over $45,000, and … Read more

Reddit user claiming to be Tesla insider appeared to…

‘You heard it here first’: Reddit user claiming to be a Tesla insider appeared to reveal the company’s bitcoin buy in January – one month BEFORE Monday’s disclosure By Reuters and Dailymail.com Reporter Published: 17:38 GMT, 9 February 2021 | Updated: 20:23 GMT, 9 February 2021 A Reddit user claiming to be a ‘Tesla insider’ … Read more

Tesla will start accepting bitcoin payments for its cars and other products

Bitcoin jumps to record $44,000 as Tesla invests $1.5bn and says company will start accepting it as payment for cars ‘in the near future’ Tesla has invested around $1.5 billion in bitcoin, the company said on Monday It also said it will start accepting payment for its cars and other products with it Bitcoin’s price … Read more

Tesla recalls cars with malfunctioning touchscreens

Following a prolonged and arduous battle with regulators over claims of malfunctioning touchscreen systems in older cars, Tesla has issued a recall of almost 135,000 Model S and Model X electric vehicles in the US. The recall only applies to cars produced before March 2018 that are equipped with an 8GB embedded MultiMediaCard (eMMC) that … Read more

Tesla recalls cars with faulty screen components designed to last ‘5-6 years’

Following a prolonged and arduous battle with regulators over claims of faulty touchscreen systems in older cars, Tesla has issued a recall of almost 135,000 Model S and Model X electric vehicles in the US. The recall only applies to cars produced before March 2018 that are equipped with an 8GB embedded MultiMediaCard (eMMC) that … Read more

Tesla confirms £100k+ Model S and Model Plaid variants for the UK

Tesla has revamped the two most expensive cars in its arsenal, with the Model S and Model X getting upgrades along with the addition of the auto maker’s latest tri-motor Plaid variants. But UK buyers will need to wait a year to get their hands on them. The updates extend the gap between Elon Musk’s electric … Read more