Tesla’s insurance registrations in China reached 18,600 units for the week ending Dec. 1, indicating robust demand in one of the electric vehicle maker’s key markets, according to data shared by industry analysts. read more
Elon Musk’s rocket manufacturing company SpaceX is reportedly in talks to sell insider shares of the company that could boost its valuation to about $350 billion. read more
An influential cryptocurrency analyst expressed hope Monday that despite growing concerns of a strong pullback, Bitcoin (CRYPTO: BTC) might actually surge in the days ahead. read more
Tesla has reportedly informed its workers on the Cybertruck production line at its gigafactory in Texas to take three days off starting from Tuesday. read more
Apple is facing a legal challenge from one of its own, as an ad tech manager has accused the company of violating employee privacy rights through its policies. read more
Vivek Ramaswamy, co-leader of the Department of Government Efficiency, has ramped up criticism of the Biden administration’s electric vehicle loans, targeting a $7.5 billion loan to StarPlus Energy, a joint venture with Stellantis, days after questioning a $6.6 billion loan to Rivian. read more
MARA Holdings Inc (NASDAQ:MARA) saw major inflows and outflows in the third quarter led by some major banks and fund houses. read more
General Motors will sell its stake in Ultium Cells LLC’s battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution, the automaker said in a statement on Monday. read more
