Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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What Happened
Vehicle registrations for the Elon Musk-led company fell nearly 48% to 9,774 units between April and June in the Golden State, compared with a similar period a year earlier, Cross-Sell said, as reported by Reuters.Registrations of Model 3, which is the cheapest vehicle in Tesla's lineup, fell 63% to 5,951 units.Total vehicle registrations fell across the 23 states, where the data was gathered, by approximately 49% to 18,702 vehicles.Registration data may not be a true representation of delivery numbers during the quarter as it takes almost 30 days for vehicles to be registered from the time they are sold in the United States, Reuters noted.FREE REPORT: How To Learn Options Trading Fast
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Why It Matters
The majority of the U.S. was under lockdown in the period between April to June to prevent the spread of COVID-19, which affected both production and auto sales in the country.Production at Tesla's Fremont factory, in California, wasPrice Action
On Wednesday, Tesla shares traded 2.26% lower at $1,511 in the after-hours. The shares had closed the regular session 1.93% higher at $1,546.01.Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.