17 May 2021, 11:05 pm
One of Tesla s prominent rivals has been evaluating his judgment about venturing the company s stock lately. Michael Burry, the actor who played as a finance expert in The Big Short has recently placed his bet option of $530 million against Elon Musk and his firm.
Michael Burry Recast His Doubt About Tesla Stock
(Photo : Cooper Academy via Screenshot from YouTube)
Michael Burry, a famed man from The Big Short has revealed his bet options amounting to $530 million for the Tesla stocks.
According to a report by Teslarati, the late 2000s became a key year for Michael Burry and the rest of the investors as they earned a billion dollars due to the mortgage crisis. In the middle of this happening, the investors became interested in considering how Burry analyzed the stock trend based on several credibilities.
13 May 2021, 11:05 pm
Binance is under heavy fire after allegations have rained down on them, suggesting that they have allowed Americans to use their platform for illegal transactions and money laundering using cryptocurrency. Now, the Internal Revenue Service (IRS) and US Department of Justice (DOJ) would look into Binance s transactions to learn the truth behind the claims.
(Photo : Binance)
One of the world s most popular trading platforms for cryptocurrency is Binance, and it has grown a lot in the past years, leading to the company establishing its self-named blockchain coin system that ranks third in the world. The success of Binance has made it as prominent as other platforms with the likes of Robinhood, eToro, and Coinbase.
(Photo : Spencer Platt/Getty Images)
NEW YORK, NEW YORK - SEPTEMBER 08: A Tesla showroom stands in Manhattan on September 08, 2020 in New York City. Shares of Tesla Inc. today suffered their biggest loss since going public as technology stocks suffered another day of losses. The electric vehicle and battery maker’s stock plunged more than 21 percent. (Photo by Spencer Platt/Getty Images)
According to Electrek s report, Tesla on Binance is a major development for the company, as it allows people to buy, share, and trade company stocks using the next-generation currency of the world. Initially, Binance only offers to trade cryptocurrency on its platform, featuring the likes of Bitcoin and Ethereum, but not it has the electric vehicle manufacturer as a crypto token.