Did Shiba Inu, Dogecoin Perform Better Than Tesla in 2022?
As far as comparisons go, this is an outrageous yet, reasonable one. Alongside bearish news updates, 2022 also saw Elon Musk make it to the headlines on quite a frequent basis. So, along with the bears, it wouldn’t be wrong to say that this year also belonged to Musk. Assets from the financial space, especially cryptos like Dogecoin and Shiba Inu, have seldom hesitated to dance to Musk’s music. The Twitter executive, however, couldn’t do much to save the price of such assets this year. It’s known that Bitcoin and Ethereum have suffered and shed around 60-70% each this year, but so have other Elon Musk-related asset prices. The stock price of his own company Tesla noted a 64.42% YTD dip. Dogecoin was down 54.36%, while Shiba Inu lost 75.22% in the same timeframe. Did Twitter Snatch Away Tesla’s Father? Specifically speaking of Tesla, the downtrend was slightly off-beat. More so, because other stocks from the same sector like Ford [F] and Genera...