According to CNBC, Tesla's $TSLA market capitalization decreased by $152 billion today, marking its largest single-day loss in history. This sharp decline is likely to increase volatility across tech and growth stocks, which often correlates with risk sentiment in the cryptocurrency market. Traders should monitor potential shifts in Bitcoin and Ethereum prices, as large moves in prominent tech equities like Tesla historically impact crypto market liquidity and investor behavior (source: CNBC).

According to Michael Burry Stock Tracker (@burrytracker), Tesla ($TSLA) has lost $260 billion in market capitalization over the past five days. This sharp decline in a leading tech stock signals increased volatility across broader markets, which often correlates with short-term swings in major cryptocurrencies like Bitcoin and Ethereum as traders adjust risk exposure. The Tesla sell-off may trigger liquidity shifts and risk-off sentiment in both equity and crypto markets, especially as algorithmic trading and institutional funds frequently rebalance portfolios in response to large-cap tech movements (Source: @burrytracker, June 5, 2025).