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    TSLA   US88160R1014

TESLA, INC.

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Musk says he hasn't and won't sell any dogecoin

05/20/2021 | 02:42pm EDT
Tesla's gigafactory in Gruenheide

(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)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BITCOIN - EURO -1.05% 33426.84 Real-time Quote.39.89%
BITCOIN - UNITED STATES DOLLAR -0.98% 39638.16 Real-time Quote.35.09%
TESLA, INC. 0.34% 646.98 Delayed Quote.-8.32%
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Financials (USD)
Sales 2021 50 071 M - -
Net income 2021 3 778 M - -
Net cash 2021 8 056 M - -
P/E ratio 2021 188x
Yield 2021 -
Capitalization 641 B 641 B -
EV / Sales 2021 12,6x
EV / Sales 2022 9,23x
Nbr of Employees 70 757
Free-Float 78,8%
Chart TESLA, INC.
Duration : Period :
Tesla, Inc. Technical Analysis Chart | TSLA | US88160R1014 | MarketScreener
Technical analysis trends TESLA, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 36
Last Close Price 646,98 $
Average target price 668,49 $
Spread / Average Target 3,33%
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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