Jan.30 — Billionaire Bitcoin maven Mike Novogratz, Galaxy Investment Partners chief executive officer, explains why he is shorting Tesla Inc. He speaks during an interview with Bloomberg’s Erik Schatzker on “Bloomberg Markets.”
In This Story: Bitcoin
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.
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In This Story: Tesla
Tesla (NASDAQ: TSLA) is one of the biggest producers or electronic cars, and other, largely electronic, equipment.