Bitcoin Outshines Tesla – Is Musk Abandoning Dogecoin in 2025?
- Why Is Bitcoin Surging While Tesla Stumbles?
- Tesla’s Troubles: Politics and Plummeting Value
- Musk’s Dogecoin Dilemma: Loyalty vs. Logic?
- Q&A: Key Investor Questions
In a surprising turn of events, bitcoin has surged past Tesla in market value, fueled by its growing acceptance and demand. Meanwhile, Tesla faces headwinds due to political tensions between Elon Musk and former US President Donald Trump. Dogecoin, Musk's favored meme coin, struggles to keep up, raising questions about his crypto allegiances. This article dives into the numbers, the drama, and what it means for investors.
Why Is Bitcoin Surging While Tesla Stumbles?
Bitcoin's market cap has skyrocketed, now ranking above corporate giants like Alphabet, Meta, and Tesla. As of July 2025, only gold, NVIDIA, Microsoft, Apple, and Amazon hold higher valuations. Gold, the top asset, has recently dipped, sparking debates about Bitcoin's potential to claim the #1 spot. Skeptics are dwindling as market confidence grows—many believe Bitcoin could dominate the top five rankings if its price climbs further.
Tesla’s Troubles: Politics and Plummeting Value
Tesla’s market cap sits at $1.048 trillion, with shares trading around $325—a 3.07% rebound on the last trading day. Yet, it ranks just 11th globally. After a stellar 40.12% growth in 2024, Tesla lost nearly 25% of its value in early 2025. The decline stems from Trump’s anti-EV policies and a fallout between Musk and the ex-president. Musk had backed Trump’s campaign with hundreds of millions, only to resign from the "D.O.G.E" efficiency task force amid tensions.
Musk’s Dogecoin Dilemma: Loyalty vs. Logic?
Despite Bitcoin’s rise, Musk clings to Dogecoin, calling it a "guilty pleasure" for its meme appeal. DOGE has dropped 16% in a week to $0.20, while Bitcoin hovers near $118,208—down just 0.16% daily but up 10% monthly. A recent X video showed Musk clarifying: "I won’t promote crypto unless joking. Bitcoin has merits, but I love DOGE for dogs and memes." His stance leaves little room for a Bitcoin pivot.
Q&A: Key Investor Questions
Could Bitcoin overtake gold?
Analysts at BTCC note that Bitcoin’s trajectory suggests it could challenge gold’s dominance, but a significant price surge is needed. Historical data shows Bitcoin outperforming traditional assets during market volatility.
Is Tesla’s slump permanent?
Unlikely. Tesla’s 783% growth in 2020 and 103% in 2023 prove its resilience. Political shifts or Musk’s next MOVE could reignite momentum.
Why hasn’t Musk embraced Bitcoin?
Personal preference. Musk’s affinity for DOGE’s lighthearted culture overshadows Bitcoin’s utility—for now.
