Tesla`s Stock Price Drops Precipitously 30% since Bitcoin’s Purchase

The stock price of Tesla is down 30% since Bitcoin (BTC) purchase on the part of Tesla, raising questions about Netflix and iPhone investment. Elon Musk, the chief executive of Tesla, is known for being a huge buyer of cryptocurrency. His company bought 1.5 billion worth of Bitcoin, pushing BTC val…

By Hassan Mehmood · Updated Mar 07, 2021