Биткоин и Теслина акција су подржане Хипе-ом и Фаитх-ом

• Paul Krugman criticized Tesla stocks, saying that it is not as valuable as Apple, and Microsoft. 
• As per Krugman, there is no serious use for cryptocurrency other than ‘money laundering.’

Paul Krugman, the Nobel Prize-winning economist compares Elon Musk’s Tesla stock with Bitcoin (BTC). In an opinion piece recently published in the New York Times, Krugman stated that Tesla has more in common with the dominant currency of the global crypto market. He also expressed that both assets’ prices are based on hype and trust.

The Nobel prize laureate has criticized cryptocurrencies by saying:

Упркос годинама напора, нико још није успео да пронађе било какву озбиљну употребу криптовалуте осим прања новца. Али цене су без обзира на то скочиле на хајку, и још увек их одржава тврдокорна група правих верника.

He also slammed Tesla stocks by balancing with цриптоцурренциес. As per Krugman, those similar things must have happened with Tesla, despite the fact that the company makes useful items.

Paul Krugman Knocks Tesla

Due to the fact that Tesla does not experience significant network effects, Пол Кругман claimed that it is not as valuable as the leading tech companies such as Apple, and Microsoft. The economist also pointed out that Microsoft Word and Excel continue to be the standard choice for businesses as they are the most well-known and widely used technologies. Additionally, Apple has an ecosystem of devices, apps, and services that makes it difficult for users to switch, as per Krugman. 

According to Krugman, there are no obvious network effects that come with owning a Tesla as opposed to a competitor’s automobile. In contrast, Tesla confronts increasing rivalry in the EV market from legacy automakers like GM and Ford. He asked how Tesla will control its market and make large profits when the hype surrounding its products ineluctably subsided.

Међутим, у време писања, Tesla Inc stock (TSLA) has increased by nearly 8.08% during the last 24 hours. TSLA is currently trading around $121.82, as per Google Finance.