Tesla shares drop 13% after Bitcoin plummets to below $50k

Shares in Tesla have plunged 13 percent after Bitcoin plummeted to below $50,000 for a second straight day – with analysts warning the electric carmaker’s stock price is now tied to the cryptocurrency after its recent $1.5 billion investment.  Tesla’s stocks dropped as much as 13 percent on Tuesday, which is the worst day since … Read more

Elon Musk breaks his very brief Twitter silence to tout meme cryptocurrency DogeCoin

Elon Musk breaks his very brief Twitter silence to tout ‘meme cryptocurrency’ DogeCoin – prompting the asset to soar 60% amid concern over the Tesla founder’s ability to move markets with such ease Musk sent a flurry of tweets on Thursday touting ‘joke’ cryptocurrency DogeCoin It followed his vow to take a break from Twitter … Read more