Andrew Gichaga

An automotive writer. A wordsmith and a gearhead with a passion for cars that spans decades, I find immense pleasure in creating and consuming content about all things automotive.

Whether I’m writing about the latest tech, exploring the history of classic models, or sharing my own experiences behind the wheel, I strive to craft engaging, informative pieces that inspire and inform.

After the Crash – What’s next for Crypto

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After the Crash - Crypto Price Chart - Slanted Media - Independent News

The recent crypto market crash has the markings of the 2008 Global Financial Crisis and had FTX fallout written all over it.

So, what role did FTX have in the 2022 crypto crash?

FTX’s bankruptcy, following a spat with Binance, resulted in a massive sell-off. This sliced the lion’s share off the cryptocurrency market liquidity. The consequences were dire. But what happened with FTX?

While the buyout of FTX was all set, Binance chose to walk away from the deal. This stunned the investors and caused one of the biggest crypto market stumbles. The failed deal led to a high level of skepticism and distrust in the market as questions about the survival of other cryptocurrency businesses amplified.

FTX’s bankruptcy filing resulted in many investors having their assets frozen. According to The U.S. Commodities Futures Trading Commission (CFTC), the missing FTX customer funds are over $8 billion.

So, is the crypto winter just a temporary setback, or is it the beginning of the end of digital currencies?

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The Future of Electric Cars in California: A Look at the State’s Ambitious Goals

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The Future of Electric Vehicles in California

In August 2022, California Air Resources Board passed the Advanced Clean Cars II rule that fast-tracks the state to zero-emission transportation. This new rule establishes a roadmap that gradually ushers in a 100% emission-free sale of motor vehicles by 2035.

While many states and countries have set goals and targets to phase out the sale of fossil-fueled vehicles, California has the most aggressive regulation. The plans may be ambitious but are achievable.

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Tesla Price Decreases: Exploring the Reasons Behind the Change

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Price drops of as much as 20% have come to Tesla in a bid to undercut rivals in the increasingly crowded market. The aggressive pricing strategy is in the light of missed delivery targets for 2022.

Elon Musk had warned that the leading electric vehicle manufacturer may have to slash prices in order to maintain growth in an environment of higher interest rates and prospect of recession.

But what are the possible reasons behind the drastic price changes?

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