Binance founder Changpeng Zhao responds to Musk's Tesla chart: Tesla is not easily defeated.
Binance founder Changpeng Zhao (CZ) responded on September 7 to a chart posted by crypto commentator Momo comparing the long-term performance of BNB and Tesla (TSLA) stock, stating, "TSLA is not easy to beat." The chart showed that BNB has outperformed Tesla stock in most annual snapshots since BNB's launch in 2017. As of September 7, BNB was trading at approximately $746 with a market capitalization of about $99.2 billion, making it the fourth-largest cryptocurrency; Tesla's stock closed at $354.08 with a market capitalization of approximately $1.4 trillion.
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