www.cnbc.com
Was only matter of time and the new Conservative party leader here in Canada ran for the party leadership in part on crypto and opening it up but I think that won't happen soon.Senate Banking hearing set to take aim at FTX and cryptocurrency industry: 'The largest Ponzi scheme in history'
FTX's new CEO John J. Ray told lawmakers Tuesday that former CEO Sam Bankman-Fried, committed "old fashioned embezzlement."
Crypto is a bad religion, but you'll never convince it's zealots of the truth.
Indeed but Tesla is one of the bigger losers among the big tech type companies or mega market cap companies, Meta is doing worse that Tesla over the last year but others like Alphabet or Amazon have not fallen as hard, as of yet.
| Company | Ticker | Stock YTD | Largest owner | Loss on shares this year ($ billions) |
|---|---|---|---|---|
| Tesla | (TSLA) | -54.3% | Elon Musk | -$85.3 |
| Meta Platforms | (META) | -64.3% | Mark Zuckerberg | -$75.2 |
| Amazon.com | (AMZN) | -44.5% | Jeff Bezos | -$73.7 |
| Microsoft | (MSFT) | -23.6% | Vanguard | -$50.4 |
| Alphabet | (GOOGL) | -34.0% | Vanguard | -$44.3 |
| Apple | (AAPL) | -18.1% | Vanguard | -$40.8 |
| Nvidia | (NVDA) | -38.6% | Vanguard | -$23.1 |
| Netflix | (NFLX) | -46.8% | Capital Research | -$12.1 |
| PayPal Holdings | (PYPL) | -60.9% | Vanguard | -$11.0 |
| Salesforce | (CRM) | -46.6% | Vanguard | -$9.5 |
True, but once the bull market is back, whenever that may be, I do think Telsa rebounds pretty significantly. Unknown if that will be the same with Meta however.
I think part of the problem for Tesla is that people are getting fed up with Musk, he will always have his fanboys but the general public is tired of him and how he runs companies. He does what he wants and does not listen. One of the biggest complaints with Tesla vehicles is the initial quality which is worse than most other luxury, or similar average priced cars and he has done little if anything to improve that quality.
Which is why his fanboys and another person's that shall not be named fanbase would be a perfect circle if we were to make a Venn diagram.
That’s not exactly what happened at Enron. Pure old fashion greed led to them cooking the books.
I loled hard at thisI think Tesla's problem is that every car maker is making EVs that are cheaper and better quality. Also, there way more hybrid options which will attract people who live in condos and appartment where they can't setup a charging system.
This is the new Prius. No longer a ugly box looking nerd car as its predecessors.
Yes, no one is more hated than those who expose the truth.Senate Banking hearing set to take aim at FTX and cryptocurrency industry: 'The largest Ponzi scheme in history'
FTX's new CEO John J. Ray told lawmakers Tuesday that former CEO Sam Bankman-Fried, committed "old fashioned embezzlement."
Crypto is a bad religion, but you'll never convince it's zealots of the truth.
Cool, and i'm still up 1,000+% from my early Crypto buys in 2016-17. So yes, Crypto could have been a nice key to wealth had you bought Bitcoin/Ether early when people told you do. But congrats on breaking even
