Por Julien Ponthus
LONDON, Feb 23 (Reuters) – Tesla shares fell to the red for the year on Tuesday, hit by a sell off of tech papers and a sharp decline in bitcoin, the cryptocurrency in which the electric car maker recently invested 1,500 millions of dollars.
At 1519 GMT, Tesla was down more than 7% after falling 8.5% during the previous session.
The Elon Musk-led firm had a stellar 2020, starting at around $ 85 per share before hitting $ 900 on January 25. It is currently trading at about $ 670.
Bitcoin has also entered a bear market, falling from a peak of $ 58,354 on February 21 to a low of $ 45,000 earlier on Tuesday.
(Reporting by Julien Ponthus, Thyagaraju Adinarayan and KarinStrohecker. Edited in Spanish by Rodrigo Charme)