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Tesla Turns Tables on Bitcoin As 2023 Gains Outpace BTC Price Comeback

Bitcoin (BTC) may be up 16% so far in 2023, but one stock it outperformed last year is now getting its revenge.

Data from Cointelegraph Markets Pro and TradingView shows that for all its newfound strength, Bitcoin is still playing catch-up.

Tesla was in the headlines throughout 2022 as its rapid rise to prominence — and stock price gains — steadily unwound.

Despite CEO Elon Musk making history with his personal wealth losses, however, TSLA has so far recovered by almost 25% since Jan. 6.

(By WILLIAM SUBERG)

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