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Barclay's Analysts Bet Tesla Stock Is Being Propped Up By r/WallStreetBets

The Tesla Gigafactory Berlin-Brandenburg under construction on Feb. 21, 2021 in Germany. (Photo: Sean Gallup, Getty Images)
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Tesla might be the beneficiary of the GameStonks effect, at least according to analysts for the British bank and investment firm Barclay’s.
CNBC reported that Barclay’s told clients in a note on Tuesday that Tesla shares which hit a peak of nearly $US900 ($1,138) a share in January and are now hovering around $US680 ($860) appear to be at least somewhat correlated with mentions on r/WallStreetBets, the Reddit board which sparked off a massive short squeeze on GameStop and other struggling companies last month. It’s not exactly news that manyinvestors think Tesla may be overvalued or that it ....

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Sam Bankman-Fried Claims To Have Gained $10 Billion In 3 Years

Sam Bankman-Fried Claims To Have Gained $10 Billion In 3 Years
Last Updated: 04 February 2021
Sam “SBF” Bankman-Fried stands as the founder of the FTX exchange as well as Alameda Research. The man has also managed to make a fortune, doing so mostly by way of crypto assets within these past few years. This comes according to the New York Magazine.
Gaining $10 Billion Through Mostly Crypto
SBF had spoken to this publication regarding his journey into the crypto industry at large, having started back in 2018. This interview had SBF admit that he has an estimated net worth of an eye-bulging $10 billion, with the majority of this worth being in illiquid assets. ....

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