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Tesla shares up 60% Elon Musk still supports Dogecoin

Navigasi - Tesla (TSLA) shares surged to close with a 60% increase on Tuesday (21/6) due to optimistic comments from CEO Elon Musk about demand for electric vehicles.

Tesla shares up 60% Elon Musk still supports Dogecoin
Tesla shares up 60% Elon Musk still supports Dogecoin


“As anyone who has tried to order a Tesla knows, the demand for our cars is very high and the waiting list is long,” said Elon Musk. In other words, Elon Musk believes he can sell all the EVs Tesla can make in the future. That's regardless of new competition or price increases due to inflation.

Battery-electric EVs currently account for about 10% of global light vehicle sales, according to figures by Credit Suisse analyst Dan Levy. Looking at the largest auto markets, the share of new EV vehicle sales was highest in China and lowest in the US.

At the time of writing the price of Tesla is at the level of (Rp. 10,572 million).

Amid the crypto winter, digital currency Dogecoin has tumbled from a high of nearly $0.74 to over $0.05 in recent days. In a tweet on Sunday (19/06), Musk said: "I will continue to support Dogecoin."

Reacting to one of his followers asking him to continue buying Dogecoin as well, Musk replied that he would continue to buy the crypto asset. Called the 'Dogefather', Musk has long been a vocal supporter of Dogecoin and has tweeted several times to help drive up the price of the digital token.

Last week, a Dogecoin crypto investor in the US sued Musk, Tesla and SpaceX for $258 billion for allegedly operating an illegal extortion company to increase the price of Dogecoin. At the time of writing, Dogecoin is seen at $0.062 (Rp922.03).