Surprisingly, the Tesla and Bitcoin trends are very similar

U.S. standards measure Tesla's retail sales topped $ 1 trillion this week, making it the fifth time she's joined the Joe Club. It is also the fastest company in history. It was accomplished in just 18 years. Bitcoin also jumped last week. , Compare the models of two people and find a surprise sync rate, Is Tesla Bitcoin on the global stock?

There are two reasons for the recent increase in Tesla price sharing: on the one hand, the financial data has exceeded expectations and on the other hand, it has been surprisingly important.

According to the third quarter financial statements, the third quarter total revenue was $ 137.57 billion, up 57% from the previous year, and the revenue amounted to $ 1.618 billion, up from the same period last year. 389%. Earnings per share reached $ 1.44, up 433% from the same period last year.

It took only 18 years for Tesla to break through the club's $ 1,000 billion cap, the shortest of five members in the club's $ 1,000 billion market cap, but it was also the most controversial. . . Standard & Poor's upgraded Tesla's long-term rating from BB to BB on Friday, but it still sucked. At the start of the year, bad news about Sla grew, rumors of accidents escalated and news about the brakes and poor battery life became common. Commodities also fell from a high of $ 800 to $ 550.

If you look at the structure of Tesla's stock, it is surprisingly consistent with that of Bitcoin, but it happened last week that Bitcoin hit record highs all the time.

Last Sunday was a hot day for all rewards. After less than six months of silence, Bitcoin returned to a high of $ 66,974. BitMEX CEO Alexander Hoptner said Bitcoin will hit the $ 100,000 level by the end of the year.

Previously, the first U.S. strategic ProShares Bitcoin ETF (market symbol BITO) had been completed, with assets reaching $ 1.1 billion in two days and trading volume reaching $ 1 billion on day one. . , establishing the second highest level in history.

Some analysts believe that Bitcoin is digital gold that can hedge financial risk. However, some analysts have pointed out that there is no correlation between inflation and Bitcoin, and that Bitcoin cannot be truly guaranteed, and even if overinflation does occur, Bitcoin can lose to zero.

Musk himself is a coin speculator. According to Tesla's Q3 report, he currently holds over 40,000 BTC, with a coin worth around $ 30,000. Now his net income has doubled and his net worth exceeds $ 1 billion. If the Bitcoin market continues until December, Tesla's Four Seasons is almost "laid off".

There are so many comparisons between the development of Bitcoin and Tesla that most people once did not understand, the price difference is also competitive and changing, Tesla is one of the short selling companies in the US market for products. Strict supervision and restrictions. But they also have a big difference that Tesla has made to date in terms of performance, and while the company has really benefited from them, Bitcoin is still confident. and guess.