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Musk: Tesla Is Changing the Cybertruck and Will Unveil “In a Month or So”

By November 2, 2020 0

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- SEC investigates Elon Musk for Dogecoin tweets By BTC Peers
  SEC investigates Elon Musk for Dogecoin tweets
- Tesla CEO Elon Musk is reportedly under SEC investigation over Dogecoin tweets - Electrek
  Tesla CEO Elon Musk is reportedly under SEC scrutiny again, and this time, it’s over some alleged cryptocurrency manipulation, especially Dogecoin. Tesla, Elon Musk, and the SEC Musk and the SEC have had a few run-ins with each other, and it was rarely with a good outcome. Most famously, the SEC filed a lawsuit against
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  SpaceX’s satellite internet service, Starlink, may be released in a more portable form in the future, as per recent Twitter comments from SpaceX CEO Elon Musk. During a recent conversation on the social media platform, Musk acknowledged that the idea of a Starlink “Mini” that’s designed around portability would be a good idea. The idea
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- Bitcoin Uses More Electricity Than Any Method Known To Mankind, Says Bill Gates
  Microsoft Corporation (NASDAQ: MSFT) founder Bill Gates is concerned about Bitcoin’s impact on climate change. What Happened: “Bitcoin (CRYPTO: BTC) uses more electricity per transaction than any other method known to mankind,” Gates told CNBC’s Andrew Sorkin in a live-streamed Clubhouse session on Wednesday. Researchers at Cambridge have found that by consuming over 121.36 terawatt-hours (TWh) a year, BTC electricity consumption is more than the whole of Argentina. In fact, some critics have argued that when an electric car company like Tesla Inc (NASDAQ: TSLA) invested $1.5 billion in Bitcoin, it unwittingly may have undermined its environmental image. See also: How to Buy Bitcoin (BTC) Why It Matters: Gates went on to tell Sorkin that there was a more efficient way of doing digital currency that wouldn’t require such high usage of electricity. Gates seemed to hint that a digital currency might be in the works at his foundation. “There are other ways of doing digital currency that our foundation is involved with which are done in local currency,” he said. “The transactions are not secret, they’re reversible. You can’t use it for ransom or things like that, and yet the transaction fees are so low that it's empowering the poorest.” What Else: While the energy requirements to mine and produce Bitcoin are still considerably high, cryptocurrency analytics firm Arcane Research finds that Bitcoin contributes to only 2.3% of digital tech emissions. Bitcoin’s climate footprint of 37Mt CO2 is still minuscule compared to other digital industries. The total GHG emissions from digital tech are estimated to 1600Mt, with Bitcoin contributing to roughly 2.3% of the digital tech emissions. pic.twitter.com/n3hWiFfpxm — Arcane Research (@ArcaneResearch) February 16, 2021 Image: World Economic Forum via Wikicommons See more from BenzingaClick here for options trades from BenzingaCrypto Exchange Asks Customers To Return Bitcoin After Selling It At 88% DiscountElon Musk's Tweet About Dogecoin Sends Price Up 10% In 30 Minutes Again© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Dogecoin King Elon Musk Explains Why He Loves DOGE, Pushes Price Up 25%
  The tweets from the "Dogecoin CEO" pushed the price of the cryptocurrency up once again.
- Bitcoin's biggest players include Tesla, Square, Mastercard
  Despite its critics, bitcoin has seen a meteoric rise in 2021 as companies have embraced the mainstream adoption of digital currencies, prompting them to make their own investments.

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