Golden Finance launched the 2488th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceThe electric car maker moved its stored bitcoin to a new wallet earlier this week, sparking speculation about why it did so.
JinseFinanceIn a surprising development, nearly all of Tesla’s Bitcoin holdings, which had been dormant for about two years, are now on the move. According to blockchain analytics platform Arkham Intelligence, wallets linked to the electric vehicle giant shifted approximately $765 million worth of Bitcoin on Tuesday. All but $6 of Tesla's Bitcoin has been transferred to unknown wallets that are not associated with any major cryptocurrency exchanges, leading to speculation but no immediate indication that the company plans to sell.
WilfredYes, Tesla has been grabbing headlines with an impressive streak of stock gains, but it’s crucial not to overlook Tesla's main competitor, BYD.
WilfredThe electric vehicle (EV) market has experienced rapid growth over the past decade, transitioning from a niche sector to a significant player in the global automotive industry. Tesla has long been considered the dominant force in the industry. However, recent trends indicate that Tesla's market supremacy might be under threat.
WilfredTesla's recent struggles are evident as it lags behind the Magnificent Seven in the tech sector. With disappointing Q4 results and a cautious outlook for 2024, Tesla's performance stands in stark contrast to its peers. The company's challenges, including global price cuts and concerns over future growth, raise questions about its ability to stay competitive in the dynamic electric vehicle market. Investors are closely watching how Tesla navigates these hurdles and whether it can regain its momentum in the coming months.
SanyaTesla (TSLA) faces 2.2% premarket drop as CEO Elon Musk expresses discomfort with AI and robotics plans without 25% voting control. Lawsuit hinders compensation discussions; Musk open to dual-class structure. Tesla confronts challenges, underperforming in 2024.
EdmundDuring Q2, Tesla's total Bitcoin holdings increased by $22 million, reaching $333 million.
Coinlive Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells.
CointelegraphThe Bitcoin market has been extremely volatile and leaning towards dips that left many traders and investors on panic mode. ...
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