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Elon Musk reportedly labels most cryptocurrencies as 'scams'

From thestreet.com

Tesla (NASDAQ: TSLA) CEO Elon Musk has always been championed as being pro-crypto. But a recent reported comment in a court hearing is leaving the crowd puzzled. Musk, who co-founded OpenAI in 2015, is suing the company for allegedly breaching its founding mission of being non-profit after it struck an investment deal with Microsoft and pivoted toward commercial products. OpenAI has maintained that Musk always understood the organisation could eventually evolve into a for-profit entity. The trial is taking place in Oakland, California, and is currently on its fourth day as of April 30. During the pandemic-era bull ... (full story)

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  • Category: Fundamental Analysis