Tesla Speculators Likely to Flock to Bitcoin Once Its Price Breaks Above $20,000: Economist

in DLIKE4 years ago

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As reported by U.Today, such Tesla comparisons were all over the place in early 2020 when the stock of the Elon Musk-helmed company surged 130 percent to roughly $970.  

Krüger echoes a myriad of other analysts by singling out the launch of Tesla's first gigafactory in Shanghai as the key event that lit the powder keg. 

After enduring a brutal 64 percent correction, the electric carmaker resumed its monstrous price rally in late March.


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