Tesla overtakes crypto market for the first time! Tesla overtakes crypto market in terms of value, reaching over $380 billion in valuation!
Musk wisely didn’t take his company private because he is getting richer and richer every single day. His vision of cars being self-reliant is slowly becoming a reality with solar panels on his vehicles becoming a reality.
Tesla is also potentially going to bring back advanced manufacturing back to the USA, as demand for high tech capable vehicles become more desirable.
Despite Tesla overtaking the marketcap valuation of crypto, crypto is seeing a Renaissance, especially with the rise of DeFi. OMG recently saw huge gains as an alternative for Ethereum is being sought after. Only time will tell if this market is truly going to develop and evolve.
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