Tesla Accepting Crypto Again, Cybertruck Delayed

Tesla is taking another look at cryptocurrency, though this time it looks to be a goof as the currency in question is the meme-based Dogecoin. Though the joke could be on the market because the currency surged up by over 10 percent after Elon Musk made the announcement you could purchase “merch” with it.

Last year, Tesla said it would begin accepting Bitcoin. CEO Elon Musk had taken a visible interest in cryptocurrency and the automaker opted to take a chance on the one format that’s been able to break into the mainstream. Then the company changed its mind, with Mr. Musk referencing the sudden influx of media reports claiming it was bad for the environment.

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UPDATE: NASCAR Rejects Brandon Brown's Sponsor

We reported on Monday that NASCAR said driver Brandon Brown’s team had jumped the gun when it announced it had paired with a cryptocurrency that referenced the “Let’s Go Brandon” chant that has become popular in conservative circles as a sort of code for “f–k Joe Biden”.

Reports now indicate that NASCAR has rejected the sponsorship.

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Crypto Meme Not Yet Confirmed as NASCAR Sponsor

NASCAR driver Brandon Brown — he of the “Let’s Go Brandon” fame — has secured sponsorship from cryptocurrency meme coin LGB.coin.io for his 2022 Xfinity Series ride.

However, there’s one problem — NASCAR has yet to approve it.

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Using Your Tesla to Mine Bitcoin is a No-Go

As I type this, it’s been less than 24 hours since Tesla announced v.9 of their Full Self Driving Beta. Full Self Driving, as the name implies, claims to use advanced artificial intelligence software along with a whole host of sensor arrays and digital inputs to get you and your passengers from point A to point B with minimal inputif any.

Tesla’s bombastic ring leader, Elon Musk, has called this latest version of his autonomous tech “mind-blowing”, and has touted the computing power of Tesla’s “Full Self Driving Chip” as the key to making all this possible. Since that chip’s reveal in 2019, however, Musk has become almost as famous as a pitch-man for cryptocurrencies on Saturday Night Live as he already was as a carmaker, which begs the question: could your Tesla really pay for itself mining for crypto?

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Tesla Betting Big on Bitcoin

Tesla has invested $1.5 billion in Bitcoin and will soon be accepting cryptocurrency as a valid form of payment. Unsurprisingly, the digital token’s valuation surged as news broke, sending it past its all-time high of $44,000 and making a lot of investors incredibly happy.

CEO Elon Musk has boosted various cryptocurrencies in the past by doing little more than saying their name. For example, Dogecoin was co-founded by IBM and Adobe software engineers as the satirical alternative (hence the name) to other forms of digital currency. But it became the eighth-most valuable cryptocurrency after Musk started tweeting about it at the start of February.

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  • Syke Given it's got a factory radio, did it also have the factory heater (as opposed to one of the aftermarket heaters as I had in my 1937 Buick Special)?
  • SCE to AUX I have difficulty identifying any car made before my year of birth (1963), and I never would have guessed at this one.Thanks for the history lesson. It was also a reminder that if transported back in time, I'd have difficulty even operating this vehicle. I've driven a column shift exactly once, but I've never operated a radio like that!
  • Lincoln That radio unit is quite the find. It must have been a ridiculously expensive option in the '30s.
  • Raven65 This is utter BS and people need to push back hard against it by refusing to buy the affected vehicles. I find it interesting that this only applies to Buick, Cadillac, and GMC... the "premium" GM brands. I guess they're betting that the people who buy these brands won't balk at a $1500 shakedown (and they may be right). I just read an article about the redesigned Chevy Colorado/GMC Canyon twins that are about to start production. This will definitely push people away from the GMC toward the Chevy. Why does GMC still exist anyway? I can't believe they kept that division around back when they went bankrupt, reorganized and shed Oldsmobile, Pontiac, Saturn, and Hummer - given that GMCs are literally nothing more than rebadged Chevys. Nobody uses OnStar... and FORCING people to subscribe to it is not going to make it any more relevant. It just needs to go away.
  • Arthur Dailey I checked the link to Artillery World in the hopes that I could purchase something to turn an old Nissan or Toyota truck into a pseudo 'Technical'. Unfortunately it seems that they sell fireworks. Another great posting by Murilee. Sure wish that there was a way to get that vintage Olds back on the road. The plaques and labels alone are a history lesson.