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Billionaire has 5-word response to Elon Musk's Tesla chart

Binance founder Changpeng "CZ" Zhao addressed a long-term performance comparison between Binance Coin (BNB) and Tesla stock (TSLA), remarking that "TSLA is not easy to beat." The historical chart analyzed the BNB-to-Tesla share price ratio across annual snapshots since BNB's inception in July 2017. The data showed that BNB has outpaced Tesla across most observed yearly milestones, rising from an initial ratio near 0.005 to approximately 2.10, indicating one BNB token is currently valued at over twice the price of a single Tesla share. Tesla shares traded at $354.08, giving the electric vehicle maker a market capitalization of roughly $1.4 trillion despite a recent 5.92% daily decline. Meanwhile, BNB traded around $746 with a market capitalization of $99.2 billion. The analysis highlights an intersection between high-profile tech equities and major cryptocurrencies, particularly as Tesla retains a substantial digital asset reserve comprising 11,509 Bitcoin valued at approximately $914 million on its corporate balance sheet.

Category

Tesla

Sentiment

Neutral

Event

Performance comparison

Reading time

1 min