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