Is it just me, or is Elon Musk an anagram for Leon Skum?
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Tesla’s share price is now directly tied to the value of bitcoin, analyst says
PUBLISHED TUE, FEB 23 20217:20 AM ESTUPDATED TUE, FEB 23 20217:48 AM EST
Sam Shead
Daniel Ives, an analyst at Wedbush, said Elon Musk and Tesla are now tied to the bitcoin story.
“Although Tesla made a billion paper profit in its first month owning the digital gold, it comes with added risk, as seen this week,” said Ives.
Musk has been tweeting about the cryptocurrency on and off ever since, raising alarm bells in some corners. He’s also been tweeting about other coins like Ethereum and Doge.
More:
https://www.cnbc.com/2021/02/23/tesla-and-bitcoins-value-are-now-linked-analyst-warns.html