In the years 2019 and 2020, Tesla certainly had a bitcoin like bull run. It was truly staggering. Tesla spent most of the past two years out bitcoining until this fall.

But Tesla, by market cap, is now one of the largest companies in the world. The market cap is already many times higher than where it should be based on its business, but people like it because Musk is well known and Tesla is the leading edge of EVs. It only has no much higher it can go. It can definitely continue to go up, But investors will begin to ask themselves at some point why Tesla's market cap is larger than all the other main car companies combined, despite doing a tiny fraction of the business they each do. Now, of course, the stock market is not really based on economics, but o the psychology of what you believe everyone else is going to do. But instead, it's just based on the psychology of what you think everyone else is going to do, but people are still going to start getting scared at some point of holding onto Tesla at such astronomical prices, while bitcoin won't have that issue.

On the other hand, bitcoin is just beginning its ascent. In the next few years, Tesla may still be able to double its market cap, but bitcoin may be 10 times its market cap in the next few years. There's no comparison really. Tesla had to act like bitcoin for a few years, but it's at the end of the period, while bitcoin is just beginning to heat up again. Since the bottom of the covid crash and the bottom of the bear market, we have already seen an order of magnitude gains, and we're likely to see another order of magnitude over the next 2-3 years. To keep up with bitcoin over the next few years, Tesla would have to become like a $6 trillion dollar company,haha.