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Tesla Chief Executive Officer Elon Musk Shows How Crypto Trading May Ruin Stock Traders' Weekends
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ndtv.comMusk's Twitter followers recommended he sell 10 per cent of his stake in the carmaker,
The crypto-revolution has done a lot of things: Turned images of dogs into digital gold, lured talent and real dollars from Wall Street, and introduced a bewildering array of jargon to mainstream finance. And now you can add this: Showing what will happen in the stock market in advance.
Tesla Inc.'s shares dove Monday morning, but crypto-watchers already knew that was likely. That's because over the weekend, after Elon Musk's Twitter followers recommended he sell 10 per cent of his stake in the carmaker, digital tokens tied to the real shares had tumbled.
The U.S. stock market closes for the weekend at 8 p.m. New York time on Fridays, and doesn't reopen
Read more on ndtv.comAbout this in other media
Elon Musk Throws 'Shade' at Binance Over DOGE Handling, CZ Bites Back cryptonews.com /2 years ago
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Tech this week: Teen arrested over €32 million crypto heist and Elon Musk continues Tesla stock sale euronews.com /2 years ago
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