Tesla shares lag as bitcoin plunges on China crackdown

Tesla shares lag as bitcoin plunges on China crackdown

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-usa-stocks-tesla/tesla-shares-lag-as-bitcoin-plunges-on-china-crackdown-idUSKCN2D029F

Shares of Tesla Inc fell 2% on Wednesday, faring worse than the broader market, as China's crackdown on cryptocurrencies weighed on the electric car maker, which announced huge investment in bitcoins earlier this year.

Tesla shares lag as bitcoin plunges on China crackdown

May 19, 2021, 7:47pm UTC
https://www.reuters.com/article/us-usa-stocks-tesla/tesla-shares-lag-as-bitcoin-plunges-on-china-crackdown-idUSKCN2D029F >Shares of Tesla Inc fell 2% on Wednesday, faring worse than the broader market, as China's crackdown on cryptocurrencies weighed on the electric car maker, which announced huge investment in bitcoins earlier this year.