4:49:40 AM PST - Thursday, March 4th, 2021

Analyst: Tesla’s Share Price Is Now Directly Tied to Bitcoin Value  

By Editor - Tue Feb 23, 12:38 pm

According to analysts, Elon Musk’s electric car company Tesla has directly tied its share price to the value of Bitcoin following the company’s major investment in the cryptocurrency. One analyst told CNBC: “Musk runs the risk that this side show can overshadow the fundamental EV (electric vehicle) vision in the near term for investors.”

View post:

Analyst: Tesla’s Share Price Is Now Directly Tied to Bitcoin Value

Leave a Reply

You must sign in to post a comment.