Tesla shares slump despite record sales as subsidies end

Tesla shares slump despite record sales as subsidies end

Tesla’s shares took a hit on Thursday, slumping despite the automaker reporting a record quarter for global vehicle deliveries. The company delivered 497,099 vehicles worldwide in the most recent quarter, a 7.4% increase year-over-year, and a figure that significantly beat the Bloomberg consensus analyst estimate of ∼439,600. Read: Sony ULT Field 5 Review: ULTimately Based…

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Bitcoin surges to new all-time record high

Bitcoin surges to new all-time record high

Bitcoin, the world’s largest cryptocurrency by market value, hit a record high on Sunday and was up nearly 2.7% at US$125 245.57 at 7.12am SAST. Bitcoin’s previous record was $124 480 in mid-August, buoyed by friendlier regulations from US President Donald Trump’s administration and strong demand from institutional investors. The cryptocurrency had risen on Friday for an…

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