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    TSLA   US88160R1014

TESLA, INC.

(TSLA)
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Andreessen Horowitz plans $1 billion cryptocurrency VC fund - FT

04/30/2021 | 02:30pm EDT
FILE PHOTO: The exchange rates and logos of Bitcoin, Ether, Litecoin and Monero are seen on the display of a cryptocurrency ATM in Zurich

(Reuters) - Venture capital giant Andreessen Horowitz is looking to raise a fund of as much as $1 billion to invest in cryptocurrencies and crypto start-ups, the Financial Times reported on Friday.

The new fund is aiming to raise between $800 million and $1 billion from investors, the report said, citing people familiar with the matter.

Andreessen Horowitz did not immediately respond to a Reuters request for comment.

The news of the development comes as cryptocurrencies surge in value this year, with a clutch of top-tier firms including Tesla Inc diving into the space.

(Reporting by Akanksha Rana; Editing by Aditya Soni)


ę Reuters 2021
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Financials (USD)
Sales 2021 49 350 M - -
Net income 2021 3 331 M - -
Net cash 2021 9 077 M - -
P/E ratio 2021 204x
Yield 2021 -
Capitalization 606 B 606 B -
EV / Sales 2021 12,1x
EV / Sales 2022 8,86x
Nbr of Employees 70 757
Free-Float 80,0%
Chart TESLA, INC.
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Tesla, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends TESLA, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 34
Average target price 673,13 $
Last Close Price 629,04 $
Spread / Highest target 90,8%
Spread / Average Target 7,01%
Spread / Lowest Target -76,2%
EPS Revisions
Managers and Directors
NameTitle
Elon Reeve Musk Technoking of Tesla
Zachary J. Kirkhorn Master of Coin
Robyn M. Denholm Chairman
Ira M. Ehrenpreis Independent Director
Antonio J. Gracias Independent Director
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