TLDR Tesla shares fell 13% in November as retail investors continued buying during the decline A Delaware Supreme Court ruling on Musk’s 2018 pay package could trigger a $26 billion profit hit The potential charge equals more than half of Tesla’s total net income since becoming profitable in 2019 Tesla stock trades at 180 times [.] The post Tesla (TSLA) Stock: The $26 Billion Problem Nobody’s Talking About appeared first on Blockonomi.
Tag: musk
The post Best Crypto to Buy Now as Traders Eye Dogecoin Recovery Following Elon Musk’s Tweet appeared com. Elon Musk reignited Dogecoin fever after tweeting, “It’s time,” which instantly reminded the crypto world of his famous 2021 promise to send “a literal Dogecoin to the literal moon” through SpaceX’s DOGE-1 mission. This time, the market did not respond. Crypto prices fell sharply, with Bitcoin dropping toward the $94,000 level and pushing sentiment into Extreme Fear. That broad pressure held DOGE back and pushed traders to search for stronger opportunities. Musk’s tweets often attract liquidity into meme coins, yet DOGE remains stuck below the $0. 20 zone during the crash. Because of this, traders are now looking for the best crypto to buy, focusing not on DOGE itself but on alternatives that can capture sidelined momentum and offer higher upside. Maxi Doge (MAXI) fits that shift by giving traders a utility-backed meme option at presale pricing while DOGE struggles to move. Dogecoin Slips as Musk’s New DOGE-1 Hype Fails to Spark a Rally Elon Musk’s long-running fascination with Dogecoin has often been the strongest force behind its price action. His public mentions played a major role in the meme coin’s massive 13, 000% run in 2021. Musk has called himself “The Dogefather,” changed his X bio to “Former CEO of Dogecoin,” praised DOGE as “the people’s crypto,” and even joked that it could become the currency of Mars. Because of this history, traders monitor every comment he makes about the DOGE-1 mission. The DOGE-1 mission, planned by Canadian research firm Geometric Energy Corporation and funded entirely with Dogecoin, aims to gather lunar data and broadcast ads back to Earth. The mission has faced several delays. SpaceX launching satellite Doge-1 to the moon next year Mission paid for in Doge- 1st crypto in space- 1st meme in space To the mooooonnn!! Elon Musk (@elonmusk) May 9, 2021 It was first.