Day: April 26, 2021

Tesla’s record Q1 powered by increased gross margin, average cost decreases

By Joey Klender Posted on April 26, 2021 Tesla’s record first quarter in 2021 was powered by several things, but it all came down to the numbers, as usual. The automaker, coming off of its best quarter in terms of deliveries and production figures, was able to mark down significant gains in automotive gross margin …

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Elon Musk says Tesla made ‘significant mistakes’ with solar roof project

Tesla CEO Elon Musk said Monday that his company made “significant mistakes” in its solar roof tile project that have led to further cost overruns and delays. The product was originally revealed back in 2016. Tesla is currently still trying to meet significant demand for the solar roof, but has yet to widely roll out …

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Tesla claims someone was in the driver’s seat in deadly Texas crash

A Tesla Model S that crashed and caught fire recently in Texas, killing two men, may have had someone in the driver’s seat, according to Tesla’s top executives. Their comments in an earnings call Monday contradict statements made by local law enforcement in the immediate aftermath of the crash, and could complicate the efforts by …

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Serum (SRM) hits a new all-time high as Solana adoption gains traction

Decentralized finance (DeFi) has reshaped the face of the cryptocurrency market over the past year, attracting the attention of both institutional investors and retail traders alike as the traditional financial sector continues to warm up to blockchain technology.  While the majority of largest DeFi protocols that have a significant amount of volume and value locked …

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Linux kernel team rejects University of Minnesota researchers’ apology

Enlarge / Do not anger the penguin, for it is long of memory and slow to forgive. DJRPhoto36 / Flickr Last week, senior Linux kernel developer Greg Kroah-Hartman announced that all Linux patches coming from the University of Minnesota would be summarily rejected by default. This policy change came as a result of three University of …

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Tesla sold some of its Bitcoin and made $272 million in profit

By Joey Klender Posted on April 26, 2021 Tesla announced that it sold some of its Bitcoin investment during Q1 2021, and it profited $272 million from the sale. In early February, Tesla released a 10-K filing with the Securities and Exchange Commission (SEC), where it detailed a massive $1.5 billion investment in Bitcoin, a …

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Apple releases iOS 14.5, the biggest update since iOS 14 first launched

Enlarge / Apple’s 2020 iPad Air. Samuel Axon Today is the day: Apple has finally released iOS 14.5 and iPadOS 14.5 worldwide after a longer-than-usual beta period. If you’re using a supported device, you should be able to find the update on the software update page in the iPhone, iPad, or iPod touch’s Settings app. …

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Blue Origin is challenging SpaceX’s Artemis lander contract from NASA

Over a week ago, NASA awarded Elon Musk’s SpaceX a $2.9 billion contract to build a lunar lander for its upcoming Artemis Moon project. In deciding on SpaceX, NASA passed over defense contractor Dynetics and Blue Origin. The latter is now challenging the decision. In a protest filed with the federal Government Accountability Office (via …

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Vitalik Buterin and Balaji Srinivasan Donate to Indian Covid Relief Fund Despite Country’s Intentions to Ban Cryptos

<div class=”featured_image_container”> </div> <strong>The covid-19 crisis is worsening every day in India, as the country keeps hitting record daily numbers of cases and its death toll. The crypto community is starting to show solidarity with the country, as big players such as Ethereum co-founder and a well-known investor announced crypto donations to provide support.</strong> Buterin …

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Oculus Begins Rolling Out New Avatars, Eventually Headed to Facebook, Messenger, & Instagram

<!– Share buttons by mashshare.net – Version: 3.4.0–>Facebook is rolling out its latest avatars, Oculus Avatars 2.0, which it hopes will finally unify virtual identify across Oculus applications and Facebook products. In addition to becoming the default avatars for <em>Facebook Horizon</em> and being optionally integrated into Oculus games, Facebook also teased that&nbsp;the new avatars will …

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