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Despite its rather impressive performance for most of the year, Tesla (TSLA) has fallen for the third straight day, leading many to ponder if the stock is still a buy for 2025. Indeed, the automobile manufacturer is set to end the year down after a surging November. The stock’s performance will always be tied to CEO Elon Musk. Over the last several months, the entrepreneur has become an ever-growing voice within the incoming Donald Trump administration. As head of Trump’s DOGE commission, there are many who believe his attempts at both roles have hindered the electric vehicle manufacture. Source: NPR Also Read: Tesla Stock (TSLA) Reaches New All-Time High of $420 Tesla Keeps Falling: Is Stock Still Set to Thrive in 2025? It has certainly been a dominant year for Tesla. In October, the company announced its highly anticipated Robotaxi. The vehicle is one of the most promising forays into autonomous automobile manufacturing and has provided the company with yet another leg up....

Bitcoin (BTC) is in the portfolio of several prominent firms. The Elon Musk-led company Tesla has been smitten by the Bitcoin bug for quite a while now. The king coin is currently trading at $63,711.26, following a slight dip over the past 24 hours. Also Read: Ripple Earns Financial License in Dubai: Will XRP See a Rally? Tesla’s Bitcoin Investment Journey Source Initial Investment and Profit Tesla’s interest in Bitcoin has fluctuated despite the excitement surrounding its initial investment. By April 2021, Tesla had made a $272 million profit from selling around 10% of its BTC holdings. Musk went on to clarify that this was a test of BTC’s liquidity rather than a major action that would have affected its price. Market Reactions and Long-Term Goals The market received conflicting signals from Tesla’s selling of part of its BTC. This further led many to question the firm’s long-term goals in the cryptocurrency arena. Subsequent Sales and Holdings Tesla revealed in...

Elon Musk’s attorneys are contesting a dismissal motion put forth by plaintiffs in the ongoing class-action lawsuit involving dogecoin investors. Elon Musk’s attorneys are contesting a complaint from plaintiffs in a class-action lawsuit involving dogecoin (DOGE) investors. The plaintiffs are seeking the dismissal of Musk’s legal team over allegations of misconduct. The attorneys for Musk have responded, describing the complaint as a misuse of judicial resources. The response from Musk’s legal team is contained in a detailed document. This response seeks to challenge the substance of the allegations, arguing that they do not meet the court’s “laugh test,” a legal doctrine used to evaluate the credibility of a claim. The response from Musk’s attorneys also addresses specific accusations made by Spencer, the lawyer for the dogecoin investors. They assert that these allegations , which include purported ethical violations and conflicts o...