kelvin02

    • kelvin02kelvin02
      ·2022-06-14
      [smile]

      Tesla Could Take a Big Loss on Its Bitcoin Bets

      @Michelle Ong
      Tesla Motors-0.57%Tesla’s (NASDAQ:TSLA) big bet on Bitcoin (BTC-USD) is beginning to look like a blunder amid a violent crash for cryptocurrencies.While adding Bitcoin (BTC-USD -14.6%) in early 2021 looked like a wise decision throughout the year and even into early 2022, the tables have turned rather quickly in recent months. The price of Bitcoin specifically has fallen just over 50% in the current quarter, which bodes poorly for Tesla’s (TSLA -7.1%) upcoming quarterly report.With shares down nearly 50% year to date, bookended by an over 7% drop on Monday, the Bitcoin issue adds yet another headwind to contend with as a number of adverse impacts bear down on the Austin-based automaker.
      Tesla Could Take a Big Loss on Its Bitcoin Bets
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    • kelvin02kelvin02
      ·2022-04-07
      $SEA LTD(SE)$[smile] 
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    • kelvin02kelvin02
      ·2022-04-07
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    • kelvin02kelvin02
      ·2021-07-29
      Cool
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    • kelvin02kelvin02
      ·2021-07-29
      Nice
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    • kelvin02kelvin02
      ·2021-07-29
      Great
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    • kelvin02kelvin02
      ·2021-07-29
      Great
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    • kelvin02kelvin02
      ·2021-07-28
      Like
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    • kelvin02kelvin02
      ·2021-07-28
      Like
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