Investors in high-flying electric carmaker Tesla Inc are questioning whether Elon Musk's $1.5 billion outlay into bitcoin will be as good for the company as it has been for the cryptocurrency . Tesla's disclosure on Monday that it had moved nearly 8% of its reserves into bitcoin sent the price of the cryptocurrency to all-time highs, up more than 16% this week, while Tesla's shares are down nearly 6%. Others may follow Tesla's lead, with Twitter Inc's chief financial officer telling CNBC that the company has considered adding bitcoin to its balance sheet. Shareholders voiced concern that the investment by Tesla, which recently joined the benchmark S&P 500 stock index, could fuel more gyrations in the company's shares. "It will add volatility to the stock due to exposure to bitcoin," said King Lip, chief strategist at Baker Avenue Wealth Management, whose firm has owned Tesla shares since 2015. "This is better for bitcoin than it is for Tesla." Gary Black, former … [Read more...] about Investors lukewarm on Tesla’s $1.5 billion bitcoin splurge