Binance Founder Acknowledges Tesla's Strong Performance Compared to BNB
On September 7, Changpeng 'CZ' Zhao, founder of Binance, responded with a five-word comment on X acknowledging the difficulty in beating Tesla stock. The remark followed a chart comparing the long-term performance of BNB (Binance Coin) and Tesla shares since BNB's launch in July 2017. According to the data shared by crypto commentator Momo, BNB outperformed Tesla in most yearly snapshots but fell short recently. As of September 7, BNB was trading around $746 with a market capitalization of approximately $99.2 billion and ranked as the fourth-largest cryptocurrency. In contrast, Tesla shares closed at $354.08 on September 4, giving it a valuation of about $1.4 trillion. The chart showed that one BNB token was worth roughly twice the price of one Tesla share in July 2026. Tesla has been a major wealth creator for investors over time and continues to hold significant amounts of Bitcoin on its balance sheet. Elon Musk, who supports several cryptocurrencies including Dogecoin, remains an influential figure bridging traditional tech investments with crypto.
Tickers: $TSLA
Topics: Binance cryptocurrency Elon Musk stock markets Tesla