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How Tesla and Elon Musk can fight the new EV rivals

How Tesla and Elon Musk can fight the new EV rivals
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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The massive chip shortage highlights the single weakest link in the auto supply chain

The massive chip shortage highlights the single weakest link in the auto supply chain
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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The massive chip shortage highlights the single weakest link in the auto supply chain

The massive chip shortage highlights the single weakest link in the auto supply chain
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Tesla's big bitcoin bet could come back to bite the EV maker

Tesla’s big bitcoin bet could come back to bite the EV maker
Daniel Howley
Tesla’s big bitcoin bet
Tesla’s (TSLA) revelation Monday that it bought $1.5 billion worth of bitcoin (BTC-USD) has already paid off for the electric vehicle maker, with its holdings growing by 35% as of Tuesday, according to a Yahoo Finance analysis. But the good times won’t last forever thanks to the cryptocurrency’s erratic swings.
“It s extremely unusual to see a company take risk with corporate cash,” Jerry Klein, managing director and partner at Treasury Partners, told Yahoo Finance. “Most companies have priorities of safety, followed by liquidity and yield being a distant third. So to see a company do anything outside of that framework is quite surprising.” ....

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Apple Car would take the tech giant to the next level — even if it's a long shot

Apple Car would take the tech giant to the next level even if it’s a long shot
Daniel Howley
In the next few years, you could be driving an Apple car
Like aliens, Bigfoot, and the Loch Ness Monster, the long-fabled Apple (AAPL) Car is once again said to be on its way. According to Reuters, the tech giant is now targeting 2024 to build its own self-driving, electric-powered passenger vehicle that could pose a threat to Tesla (TSLA).
While there are obvious reasons why a “Tesla-crushing” Apple car won’t exist, as Yahoo Finance’s Brian Sozzi wrote, Apple still has plenty of incentives to pursue it. For one thing, with iPhone sales over the last few years slowing, Apple could benefit from the estimated $9 trillion the auto industry is expected to be worth by 2030. ....

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