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Profit Investments, Kyiv (2026)

04/03/2023

Crypto Analyst Shares His Forecasts for BTC, ETH, BNB, LINK, MATIC, LTC

The global crypto market cap is down 1.27% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. As a result, the total stands at $859.92 billion. In addition, the majority of prices in the crypto market have declined over the last 24 hours.

Toni Ghinea (), the crypto analyst, shared his 2023 Q1 forecasts for a handful of cryptos in a tweet yesterday. According to the analyst, BTC will trade below $15k, ETH will trade below $700 and BNB will trade below $180. His tweet also added that MATIC will trade below $0.40, LTC will trade below $30 and LINK will trade below $5.

Currently, the crypto market leader, Bitcoin (BTC), is down 0.67% over the last 24 hours. This has brought its price down to $17,695.31 at press time. Nevertheless, its price is still up 5.23% over the last 7 days.

The post Crypto Analyst Shares His Forecasts for BTC, ETH, BNB, LINK, MATIC, LTC appeared first on Coin Edition.

04/03/2023

Shiba Inu Crashes to $0.000008888 After Tremendous Bearish Period

Shiba Inu price analysis indicates that the price is travelling low once again as the bears made a comeback today. The bulls had been at the upper position during the last few days by winning successively and rising to record highs repeatedly. But the trends are shifting as the price is now covering the downward range. The price has come down to the $0.000008888 level because of the successful bearish attempt. A further downfall is likely to continue if the bears remain in power.

The 1-day Shiba Inu price analysis shows that the price is flowing downwards after the bears made a comeback today. The SHIB confirms the downfall, as the price can be seen degraded to $0.000008888. The past week’s value improved the coin’s value, but the trends have also undergone a slight shift today. The bulls were in control, and the price rose above $0.000009293, but that movement initiated the fall.

The post Shiba Inu Crashes to $0.000008888 After Tremendous Bearish Period appeared first on Coin Edition.

04/03/2023

Swedish electric truck maker Einride has raised $500 million

The funding came in a $200 million Series C investment from Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure and Norrsken VC.

In addition, the Swedish company said it has received $300 million in debt financing from Barclays and others, which will be used in large part to support its fleet as it continues to expand into new and existing markets in Europe and North America.

Einride, founded in Stockholm in 2016, originally developed a self-driving truck without a cab that could be controlled by operators at a distance if necessary.
Einride then went on to produce human-driven electric trucks.

These vehicles are already available to shipping companies and carriers in Sweden and the U.S. on the Saga platform.

Einride has started to expand in the past few months, launching in Germany in September and then last week in Belgium, the Netherlands and Luxembourg.

The startup's customers include major companies such as Electrolux and GE Appliances.

02/03/2023

Microsoft to buy 4% stake in London Stock Exchange Group Plc for $2 billion

Microsoft Corp. has agreed to buy a 4 percent stake in London Stock Exchange Group Plc as part of a $2.8 billion cloud computing deal that pushes high tech into financial markets.

As part of the agreement, LSEG said it will spend that amount on Microsoft's cloud services over the next 10 years. The partnership will accelerate the migration of its markets to the cloud and allow the development of new products and services.

The deal complements the recent trend of exchanges and technology firms merging after similar partnerships between Nasdaq Inc. and Amazon.com Inc. and Google Alphabet Inc. and CME Group. That points to increased demand from investors for information that gives them an edge in increasingly fast electronic markets.

"We will deliver significant revenue growth in the coming years through access to new products and expanding the capabilities of existing products," LSEG Chief Executive Officer David Schwimmer said in a telephone interview.

At Friday's closing price, 4 percent of LSEG stock was valued at about $2 billion.

01/03/2023

Tesla Cybertruck pickup may get an unusual compact version

A shorter version of the Tesla Cybertruck may be created for the European market. Information about the appearance of a compact version of the pickup has been confirmed several times by Elon Musk.

The Tesla Cybertruck may have a more compact version. Its sketch was shown at the Petersen Auto Museum in Los Angeles at an exhibition dedicated to Tesla. It is reported by the InsideEVs website.

The image shows that a shortened pickup truck Tesla Cybertruck has only two doors. Otherwise it does not differ much from the standard version of the model and keeps its unconventional angular design.

Earlier the image of two-door electric car Tesla Cybertruck appeared in a video interview with the company's chief designer Franz von Holzhausen.

In addition, the possible creation of a smaller version of the Tesla Cybertruck in 2019-2020 was also talked about by Ilon Musk. He assessed the probability of its appearance as very high. The fact is that the Tesla pickup is too big for Europe and is unlikely to appear there in a four-door version.

Recall that the electric car Tesla Cybertruck should go into production at the plant in Texas in the middle of 2023. It has already been sold out for five years ahead.

The truck will be offered in three modifications, and its top version will be able to speed up to 100 km/h in 2.9 seconds, tow a 6.3-tonne trailer and travel 800 kilometers without recharging. In addition, Elon Musk said the electric car is able to force water obstacles.

Focus previously reported that Tesla has solemnly presented the first serial trucks Semi. They were handed over to the customer - the company PepsiCo.

01/03/2023

Tesla repeatedly ran over a baby stroller: software malfunctioned

The Tesla Full Self-Driving autopilot ignored a baby stroller with a doll that mimicked a baby.

The Dawn Project conducted driving safety tests. The Tesla Full Self-Driving autopilot performed poorly by failing to recognize a baby stroller, writes dawnproject.com.

The safety tests were conducted in a public parking lot by The Dawn Project in Santa Barbara, California, USA, in October 2022 using the latest version of Tesla Full Self-Driving Beta software available at the time of testing, Tesla Full Self-Driving Beta 10.69. 2.2.

Testing showed that the Tesla Full Self-Driving software did not respond in any way to a baby stroller, although a common driving scenario was used where the software is supposed to recognize pedestrians and all sorts of obstacles. The Full Self-Driving autopilot repeatedly "failed to notice" a stroller with a doll sitting in it imitating a child. As a result, the car hit the stroller.

Dawn Project safety tests confirm previous findings that fully autonomous driving of the Tesla electric car carries many risks and even deadly dangers, especially for child pedestrians.

Previously, we reported that a Tesla electric car locked its doors because the car owner had not installed a new battery, even though the old one was still working. The problem was that the documentation for the car turned out to be locked in the cabin. In the end, the car was opened up and repaired. But it was already handled by its new owner.

It was also reported that the Tesla closes the windows too quickly, and this can harm the passengers or the driver if they do not have time to remove their hands from the glass.

28/02/2023

Tesla prepares large electric minivan: first images and details

The Tesla Robovan is based on the Cybertruck pickup and will be produced at a plant in Texas. The electric car will have passenger and cargo versions.

Tesla has started development of the Robovan minivan. The electric car can be presented at the beginning of 2024. This became known to journalists of the site The Drive.

Along with passenger minivan there will be offered a cargo one.

The possible appearance of Tesla Robovan was hinted at several times by Elon Musk. In his opinion, a practical convertible minivan for passenger and cargo transportation would be very useful.

Once Elon Musk wrote on Twitter that the minivan would be built on the platform of the Tesla Cybertruck pickup. Thus, the development of the model could be made cheaper. Like the Cybertruck, the Tesla Robovan will be produced at a plant in Texas.

Most likely, the Tesla Robovan will have two modifications - a passenger van and a cargo van. Particular hopes are pinned precisely on the last version, because the demand for commercial electric cars is now quite high - they are actively purchased by delivery services and small businesses.

It will not be as powerful and long-range as the top-of-the-line Tesla Cybertruck, but it will have a range of at least 400 km, like the base version of the pickup.

28/02/2023

New details and premiere date of Tesla Roadster supercar revealed

The Tesla Roadster electric car will be able to accelerate to 100 km/h in 1.9 seconds and reach speeds of over 400 km/h. It will have a range of about 1000 km.

The new Tesla Roadster will be the next production model of the brand. Electric supercar will go into production in July 2023. It became known about it to the site Autoevolution
Journalists got hold of documentation with Tesla's plans for the next years. According to it, after Tesla Semi truck there will be not a Cybertruck pickup on the assembly line, as it was considered before, but supercar Roadster. The production model could debut within the next month.

At first 1000 cars will be produced in limited edition Founders Series.

Tesla Roadster will be assembled at the plant in Fremont (California). Earlier, Elon Musk has confirmed that the sports model will begin production in 2023. According to him, at first they will collect 1,000 cars limited edition Founders Series for $ 250,000, and the basic version for $ 200,000 will appear later.

Recall that the new Tesla Roadster will get three electric motors with a combined output of more than 1,000 hp. The coupe will be able to accelerate to 100 km/h in 1.9 seconds and to 200 km/h - in 4.2 seconds. The maximum speed will exceed 400 km/h.

The top speed will exceed 400 km/h

Cruising range of the electric car will be about 1000 km. Also Elon Musk announced a high-speed version with rocket boosters, able to accelerate to a hundred in 1.1 seconds.

Focus previously reported that Volkswagen is preparing an electric crossover with a range of about 700 km.

27/02/2023

Musk is no longer the richest man in the world

SpaceX and Tesla founder Ilon Musk, who recently bought the social network Twitter, is no longer the richest man in the world, according to Bloomberg. Bernard Arnault, head of the Louis Vuitton Moët Hennessy Group, is now in first place.

It is noted that since January, Musk's fortune has decreased by more than $100 billion, to $ 163 billion. Bloomberg estimates Arnault's fortune at $170.8 billion.

Musk's fortune began to decline the day before and after the purchase of the social network Twitter. According to Bloomberg, in April, he "shocked" the world when he offered to buy it for $44 billion. Against this background, shares of Tesla began to lose value as Musk had to sell a significant portion of the manufacturer of electric cars.

Musk topped the billionaire ranking in 2021, displacing Amazon founder Jeff Bezos from first place. At one point, the billionaire's fortune was estimated at $350 billion.

On December 7, Musk was already losing the lead in the ranking, he was also displaced by Arno. But later the businessman managed to rise to the first position again.

Recall that according to media reports, most of the world's famous brands have reduced spending on advertising in Twitter to a minimum or refused to use the social network. This happened after Musk massively dismissed employees from the company's advertising department. After that, communication between Twitter clients and the company's office deteriorated significantly.

27/02/2023

Musk sold nearly $4 billion worth of Tesla stock again

Tesla CEO Elon Musk on Wednesday disclosed another $3.6 billion from the sale of his company stock, increasingly embarrassing investors.

This was reported by Reuters, citing the U.S. securities firm's report.

Tesla's share price has halved so far this year and hit two-year lows.

The report shows that Musk sold 22 million shares of the world's most expensive automaker in three days between Monday and Wednesday.

The sale is the second major stake Musk has held since acquiring Twitter for $44 billion in October. It's unclear whether the sale is related to the Twitter acquisition, but it has irritated investors who feel he is directing his attention and resources to Twitter rather than Tesla.

"It doesn't add confidence to the business or tell you what its focus is," said Tony Sycamore, an analyst at brokerage IG Markets, where Tesla is a popular stock among small investors.

According to Refinitiv, 13.4 percent of Tesla stock owned by Musk is down from about 17 percent a year ago. The most recent stock sale came a month after Musk sold $4 billion worth of stock a few days after the Twitter deal closed.

22/02/2023

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