It took a pandemic to drag the car-buying process into the 21st century — and consumers are never going back.
Why it matters: After COVID-19, consumers can now buy cars online as they do almost everything else, with the ability to complete the entire transaction digitally and take delivery without ever setting foot in a showroom.
Bitcoin, the world's largest cryptocurrency, continued to rally into the new year by surpassing $30,000 for the first time on Saturday, according to Bloomberg.
Why it matters: The new milestone comes just after the currency breached $20,000 for the first time in December — a massive rebound from its severe crash in March at the start of the coronavirus pandemic.
Tesla delivered 499,550 vehicles throughout 2020, falling just short of CEO Elon Musk's goal of shipping 500,000, the company announced on Saturday.
The state of play: Despite the near miss, the Q4 numbers set a new record for the company, with 180,570 cars shipped for the last three months of 2020 compared to the previous record of 139,300 Q3 deliveries.
Private institutions are attracting wealthy families who are frustrated with public schools' flip-flopping on remote and in-person learning.
Why it matters: The trend is weakening public schools, which will lose funding as they lose students, and deepening the divide between how rich and poor kids are educated.
