Tesla was founded in 2003 by a group of engineers who wanted to prove that people didn’t need to compromise to drive electric – that electric vehicles can be better, quicker and more fun to drive than gasoline cars. Today, Tesla builds not only all-electric vehicles but also infinitely scalable clean energy generation and storage products. Tesla believes the faster the world stops relying on fossil fuels and moves towards a zero-emission future, the better.
Elon Reeve Musk is an entrepreneur and business magnate. He is the founder, CEO and Chief Engineer at SpaceX; early-stage investor, CEO and Product Architect of Tesla, Inc. founder of The Boring Company; and co-founder of Neuralink and OpenAI. With an estimated net worth of around US$304 billion as of January 2022.
Crypto fans desperate for a floor in Bitcoin’s selloff may have to be patient. Every significant slump in the largest cryptocurrency since 2014 has reached the 200-week moving average. That lies close to $20,000 — or about 35% below Bitcoin’s current price, which is already down by a similar percentage in 2022.
Tesla co. has created an event that should draw the attention of investors to the crypto industry.
Despite recent events, Elon Musk believes in the future of cryptocurrencies.
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