Everand Logo

Welcome to Everand!

  • NPR

    It Doesn't Get More Buzzy Than This: Tesla Is Investing $1.5 Billion In Bitcoin

    The automaker and the cryptocurrency have a lot in common: Soaring values, idealistic fans and plenty of skeptics. Now Tesla is investing in Bitcoin and plans to accept it for car purchases, too.
    by Camila Domonoske Feb 08, 2021 2 minutes
    Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, Calif., on March 14, 2019. Tesla announced on Monday it would invest $1.5 billion in cryptocurrency Bitcoin.

    Electric automaker Tesla and cryptocurrency Bitcoin have a lot in common.

    Both have seen their market value skyrocket last year, defying skeptics and thrilling fans. Both are fueled by mass enthusiasm and techno-utopian idealism.

    And they've both got plenty of doubters warning a giant crash could be on the horizon.

    You’re reading a preview, subscribe to read more.

    More from NPR

    NPR2 min readWorld
    Hamas Releases Video Of A Second American Being Held Hostage In Gaza
    Hamas has released a video showing two captives, one of them an American, as part of an effort to prove that the two men are still alive. It was the second video of a U.S. citizen released this week.
    NPR4 min readAmerican Government
    Gaza Protestors Picket White House Correspondents Dinner, As Biden Ribs Trump
    The war in Gaza spurred large protests outside a glitzy roast with President Joe Biden, journalists, politicians and celebrities Saturday but went all but unmentioned by participants inside.
    NPR2 min read
    CDC Says 3 Women Diagnosed With HIV After Receiving 'Vampire Facial'
    Although HIV transmission from contaminated blood through unsterile injection is a well-known risk, the CDC said this is the first documentation of probable infections involving cosmetic services.

    Related Books & Audiobooks