The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public
It is safer to build a diversified basket of cryptocurrencies
Investors focused on environmental, social and governance (ESG) factors may also have cause for concern
By Julien Ponthus, Aaron Saldanha and April Joyner
The stock dropped as much as 12% to $627.10 in New York on Tuesday
Bitcoin has also swung into a bear market, falling from a peak of $58,354 on Feb. 21
The world's biggest cryptocurrency suffered its biggest daily drop in a month
Tesla's biggest decline since September was fueled in part by Musk's comments over the weekend that the prices of Bitcoin and smaller rival Ether 'do seem high'
Ether, the coin linked to the ethereum blockchain, also dropped more than 5% and last bought $1,707, down almost 17% from last week's record peak
The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday
Bitcoin, which commands more than $50,000 on any exchange today, was founded anonymously in 2009
Bitcoin, the world's most popular cryptocurrency, rose to a record $57,553, taking its weekly gain to around 20%
The world's most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year
On Saturday, Bitcoin touched a market capitalisation of $1 trillion, its highest ever, as the value of world's most popular cryptocurrency crossed an all-time high of $55,000 per coin
The world's most popular cryptocurrency jumped to an all-time high just below $55,772, posting a weekly jump of 13%
He also defended Tesla's action to invest in bitcoin, saying that the difference with cash made it 'adventurous enough' for the S&P 500 company to hold the cryptocurrency
Bitcoin traded at around $51,300 as of 1:30 pm on Friday in Hong Kong after quintupling in the past year
Stimulus cheques helped U.S. retail sales to rebound sharply in January, while industrial output and producer prices data also provided robust upside surprises
A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard