It wasn’t the leap year, a coding blip, or a hack that caused Robinhood’s massive outages yesterday and today that left customers unable to trade stocks. Instead, the co-CEOs write that “the cause of the outage was stress on our infrastructure — which strug…
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Month: March 2020
Why Tesla Stock Jumped Tuesday
What happened Shares of electric-car company Tesla(NASDAQ:TSLA) jumped on Tuesday, rising as much as 8.5%. As of 11:34 a.m. EST, however, this sharp rise had moderated to a gain of 2.8%. The stock’s rise today follows an analyst’s decision to upgrade his ra…
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Why VectoIQ Stock Popped 12% This Morning
What happened You probably haven’t ever heard of VectoIQ Acquisition Corp.(NASDAQ:VTIQ) before — and that’s OK. Up until now, VectoIQ has been just what the name implies — a company that does nothing, and earns nothing, and that was created for the sole p…
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Can Tesla Beat Google and Uber to Self-Driving Car Dominance?
“We cannot do it.” That’s all an engineer from one major Japanese automaker could say after seeing the central control unit for Tesla’s (NASDAQ:TSLA) Autopilot technology, extracted during Nikkei Business Publications’ recent teardown (an investigative disas…
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Electric cars and self-driving tech have gotten off to a slow start. Companies like Tesla, GM, and Waymo are hustling to change that in a big way.
This story is part of Business Insider’s “On the Radar” series, a collection of stories, analysis, and interviews revealing how the transportation industry will evolve over the next decade. The automotive industry is beginning a period of great change, from …
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