Elon Musk and Crypto Markets: "Seriously, playing?" or "Playing seriously"?

Written by marystankevich | Published 2021/03/10
Tech Story Tags: elon-musk | btc | dogecoin | tesla | seriously-playing | playing-seriously | hackernoon-top-story | elon-musk-crypto-market

TLDR Tesla has made about $1 billion in profit on its only bitcoin investment during these times. Tesla is worth 1,500 annual profits, while maintaining the current level of income, the investment in Tesla will pay off in a millennium and a half. The market value of Tesla is significantly higher than the capitalisation of 9 well-known automakers, despite the fact that their total revenue is more than 50 times more than Musk's enterprise. Sometimes, you can just miss the moment or predict differently the situation and in the end lose a lot of money.via the TL;DR App

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Written by marystankevich | CBDO at EXMO Cryptocurrency Exchange
Published by HackerNoon on 2021/03/10