Tesla is facing a setback in ramping up production at Gigafactory Shanghai after the three-week shutdown of the plant. Some supply issues are negatively affecting production to the point that it might need to shut down again. Like many other companies, Tesla had to shut down production at its Shanghai factory last month after local
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Gasoline prices surged to the highest level on record Tuesday as oil holds steady above $100 a barrel, contributing to inflationary pressures across the
Households are being urged to get their finances in the best shape possible amid increasing evidence of increased stress over the growing cost of living crisis – now said to be the main concern for people across the UK. A debt advice charity told Sky News it was helping thousands of new clients navigate problem
In this article BTC.CM= Bitcoin is now down 50% from its November all-time highs. Artur Widak | Nurphoto | Getty Images Investors in bitcoin are in panic mode as the controversial terraUSD stablecoin slips further from its intended $1 peg. TerraUSD, or UST, sank below 70 cents for the first time late Monday, as holders
The UK, US and EU have formally accused Russia of being behind a cyber attack targeting a satellite communications network used in Ukraine. Businesses and individuals using routers made by Viasat, an American business that provides broadband-speed satellite internet connections, were knocked offline just before tanks began to roll into the country. “The cyberattack took
NASA’s Spitzer Space Telescope’s Infrared Array Camera achieved great feats for the American Space agency. The retired observatory has captured several spectacular images of the deep space until recently. It was the first of its kind to provide high-resolution images of the near- and mid-infrared universe. And, now, we are glad that it has received
The first ever photograph of a black hole — a fiery ring of light that surrounded a black pit of emptiness — stunned the world three years ago. The Event Horizon Telescope, a global network of synchronised radio dishes serving as one large telescope, brought that image of the black hole at the centre of
A former Las Vegas mob lawyer has said his clients were interested in “climate control” after human remains emerged from a drought-stricken Colorado River reservoir. Recent discoveries of human bodies and remains near Lake Mead have renewed interest in the reservoir, which is a 30-minute drive from the notoriously mob-founded Las Vegas Strip. Oscar Goodman,
Rebekah Vardy has suffered “immense distress” as a result of Coleen Rooney’s now infamous “Wagatha Christie” allegations and “had no choice” but to take her to court “to establish her innocence and vindicate her reputation”, the High Court has been told. Vardy is suing Rooney after being publicly accused of leaking “false stories” to the
Boris Johnson has promised to “grow and strengthen the economy and help ease the cost of living for families” through new measures in the Queen’s Speech. The address, which outlines the government’s legislative agenda for the year ahead, focused heavily on the economy as the PM aims to get the country “back on track” after
The government has set out its legislative agenda for the new parliamentary session in the Queen’s Speech. Laying out what new laws will shape people’s lives over the next year, it contains 38 pieces of legislation. For the first time in 59 years the Queen was forced to defer to her son Prince Charles and
Millions of households in the UK are facing an unprecedented £700-a-year increase in energy bills after the price cap rose by 54% in April. Another sharp increase is expected in October. But in some other countries, households are paying far less for the cost of heating their homes. Where are energy bills lower? Canada and
Labour is confident it can prove Sir Keir Starmer did not break lockdown rules after he pledged to offer his resignation if issued with a fixed penalty notice by police. Sir Keir has come under pressure over an event in Durham in April 2021 with party colleagues when he was filmed having a drink and
Tesla released interesting and rare details about its approach to sourcing lithium, nickel, and cobalt directly from mines instead of through its cell suppliers. This approach is going to be critical as companies fight to secure those minerals for battery production to support electric vehicle growth. While Tesla sources the vast majority of its battery
President of El Salvador, Nayib Bukele, gestures during his speech at the closing ceremony of the Latin Bitcoin conference (LaBitConf) at Mizata Beach, El Salvador, where he announced “Bitcoin City”, on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador just added another $15.5 million worth of bitcoin to its balance sheet,
Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. That percentage is even higher when you isolate for the short-term holders who got skin in the game in the last six months when the price of bitcoin peaked at