Musk’s comments at the B Word conference come after Tesla said in May it would stop accepting bitcoin for car purchases, less than two months after the company began accepting the world’s biggest digital currency for payment.
The seasonally adjusted rate was lower than those of many other countries, including Canada (9.4 percent), Hong Kong (7.0 percent), the United States (6.3 percent) and South Korea (5.4 percent), the data showed.
The Biden administration issued a statement Tuesday announcing that the mortgage forbearance and foreclosure protection programs will be extended through June 30. The protections were due to expire on March 31.
Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.
The PMI for January rose 3.8 from a month earlier to 65.1, the highest since July 2012 when the monthly statistics were first compiled, according to data released by CIER, one of the country's leading economic think tanks.
Shares in GameStop plunged early Thursday as trading platforms including Robinhood and Interactive Brokers restricted transactions at the video game retailer alongside AMC Entertainment and other stocks that soared this week in a social media-driven trading frenzy. That rocked the stock markets.
Shares in Taiwan extended their momentum Tuesday from the previous session, closing above the 15,000 point mark, as the main board remained resilient amid ample liquidity, despite a drop on United States markets overnight, dealers said.