Tesla and Bitcoin are America's most popular investments of 2020

Tradingview is a platform that facilitates charts for all kind of different assets. They also ranked the investments which people are looking at the most. Every period, it releases a ranking of the most viewed assets in the US, still the region where people tend to invest most of their earnings in stocks and other trade-able assets.

The findings also show a clear leaning towards Bitcoin in the West Coast states of California, Washington, and Oregon.

The west coast loves crypto the most.

— TradingView (@tradingview) August 13, 2020

For the period of 2020 ending in July, the most viewed stock so far was Tesla, which led the pack in no less than 31 states in the US. However, Bitcoin, the best known cryptocurrency, was not too far behind.

#Tesla and #Bitcoin Are the Most Viewed Assets in America Claims #Trading Viewhttps://t.co/HZjD05CSd1 pic.twitter.com/TLdRtobMBo

— John Morgan (@johnmorganFL) August 14, 2020

Whereas Tesla stock has practically tripled in price, the Bitcoin price has gained some 60% since the start of the year.

Tesla and Elon Musk

The rise of Tesla this year has been nothing short of phenomenal. The stock has tripled in value this year, thanks to belief in Elon Musk’s futuristic looking SUV, his SpaceX projects (which have garnered worldwide attention) and simply the overall charisma of the man.

Tesla stock is the most viewed asset in America pic.twitter.com/QQJw0Xlnkz

— TradingView (@tradingview) August 13, 2020

Some investors thought that Tesla would be forming a top anytime soon, but the stock just kept creeping up. Musk has been known to despises shorters of his stock, something that got him into trouble with the SEC. Elon listed “short shorts” to mock people thinking that his company would go down. CNBC did a report on it last month.

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One of the weird finding of the Tradingview report was that Apple, which is up some 53% for the year, didn’t make it onto the list in even a single state as the most viewed stock.

Bitcoin and airlines

Bitcoin was second on the list of most viewed investments in the US. Some believed that after the massive falls on 13 March, dubbed Black Thursday, the cryptocoin wouldn’t recover, but only 5 months later Bitcoin is trading some 60% higher for the year. Furthermore, the DeFi market has brought additional attention, with coins like Chainlink, VeChain and Cardano regularly making the news.

Nothing cooler than being able to buy some #bitcoin on your lunch break at the Tesla employee cafe. Must be an amazing feeling to be surrounded by awesome tech innovations all day @elonmusk. https://t.co/kFKHkjMX6u

— Zachary Owens (@zaowens) August 14, 2020

Surprisingly, people in the US also looked at the airline industry stocks, with Boeing taking place three on Tradingview’s list and American Airlines the tenth spot.