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    TSLA   US88160R1014

TESLA, INC.

(TSLA)
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Tesla : Musk says he hasn't and won't sell any dogecoin

05/20/2021 | 02:30pm EDT

May 20 (Reuters) - Tesla Inc Chief Executive Officer and cryptocurrency supporter Elon Musk said on Thursday he has not and will not sell any of his dogecoin holdings.

Earlier this month, he called the cryptocurrency a "hustle" during his guest-host spot on the "Saturday Night Live" comedy sketch TV show, leading prices to tumble.

"Yeah, I haven't & won't sell any Doge," Musk said on Twitter in response to a tweet on Thursday claiming he would never sell any of his doge holdings and that he was the "ultimate hodler." (https://bit.ly/342BQMU)

His tweets on dogecoin have turned the once-obscure digital currency into a speculator's dream.

Musk has posted numerous comments about cryptocurrencies on Twitter this year, causing prices to gyrate.

Last week, Musk said Tesla would no longer accept bitcoin for car purchases, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency.

Dogecoin was up 12% at $0.405, according to crypto exchange Binance. (Reporting by Uday Sampath in Bengaluru; Editing by Sriraj Kalluvila)


© Reuters 2021
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Analyst Recommendations on TESLA, INC.
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Financials (USD)
Sales 2021 50 308 M - -
Net income 2021 3 996 M - -
Net cash 2021 8 422 M - -
P/E ratio 2021 208x
Yield 2021 -
Capitalization 752 B 752 B -
EV / Sales 2021 14,8x
EV / Sales 2022 10,9x
Nbr of Employees 70 757
Free-Float 81,0%
Chart TESLA, INC.
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Tesla, Inc. Technical Analysis Chart | TSLA | US88160R1014 | MarketScreener
Technical analysis trends TESLA, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 33
Last Close Price 759,49 $
Average target price 686,25 $
Spread / Average Target -9,64%
EPS Revisions
Managers and Directors
Elon Reeve Musk Technoking of Tesla
Zachary J. Kirkhorn Master of Coin
Robyn M. Denholm Chairman
Ira M. Ehrenpreis Independent Director
Antonio Jose Gracias Independent Director
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