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Tesla (TSLA) Extends Breakdown Amid Valuation Concerns – Investopedia

Tesla (TSLA) extended losses Tuesday as the market reassesses its valuation amid rising real interest rates and falling Bitcoin prices.

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Tesla, Inc. (TSLA) shares extended their losses during Tuesday’s session as the market continues to reassess the company’s valuation amid rising real interest rates and falling Bitcoin (BTCUSD) prices.

  • Tesla shares extended their losses during Tuesday’s session as the market rethinks the stock’s valuation amid rising real interest rates and lower Bitcoin prices.
  • Wedbush Securities recently estimated that Tesla made about $1 billion in profit from its Bitcoin position, effectively tying some of its…

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