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Tesla Should Sell Its Bitcoin and Buy Back Shares To Create 'Positive Momentum,' Says Analyst

Tesla Inc TSLA 4.86% could create a “positive momentum” if its sold its Bitcoin holdings and initiated a buyback of its stock, according to Gary Black, a private investor and former CEO of Aegon Asset Management.What Happened: Black aired his views on social media Thursday in a series of tweets.“Imagine the positive momentum [Tesla] would create if they announced the sale of their [Bitcoin] position, and authorized a [Tesla] stock buyback instead.”wroteBlack.The investor acknowledged that the pr
Tesla Should Sell Its Bitcoin and Buy Back Shares To Create 'Positive Momentum,' Says Analyst

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  • Jianhaolee
    ·2021-03-05
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