Elon Musk’s recent comments on Twitter about car companies potentially licensing Tesla’s Full Self-Driving (FSD) technology have sparked significant interest in both the stock and cryptocurrency markets. Shared on June 10, 2025, via a tweet by Evan from StockMKTNewz, Musk hinted at a future where Tesla could license its advanced autonomous driving software to other automakers. This statement has direct implications for Tesla’s stock price (TSLA), which saw a 3.2% increase to $248.50 by 11:00 AM EDT on the same day, according to data from major financial platforms. The news also reverberates in the crypto space, particularly for tokens associated with AI and autonomous technology, as Tesla’s advancements in FSD underscore broader trends in artificial intelligence adoption. With the stock market showing bullish sentiment toward tech-driven companies, this event provides a unique lens to analyze cross-market correlations between TSLA and AI-focused cryptocurrencies. Investors are now eyeing potential trading opportunities as institutional interest in AI and tech innovation continues to grow. This development also highlights Tesla’s role as a leader in AI integration, which could influence market sentiment for related digital assets in the coming days. Understanding the interplay between Musk’s announcements, Tesla’s stock performance, and crypto market reactions is crucial for traders aiming to capitalize on these movements.

The trading implications of Musk’s FSD licensing comments are multifaceted, especially when viewed through the lens of cryptocurrency markets. AI-related tokens like Fetch.ai (FET) and SingularityNET (AGIX) saw notable price movements following the news, with FET gaining 5.1% to $0.23 and AGIX rising 4.7% to $0.095 by 2:00 PM EDT on June 10, 2025, as reported by CoinGecko. These gains reflect heightened investor interest in AI-driven projects, spurred by Tesla’s potential expansion of FSD technology. From a cross-market perspective, Tesla’s stock surge could signal increased institutional money flow into tech and AI sectors, indirectly boosting risk appetite for speculative assets like cryptocurrencies. Traders might find opportunities in long positions for AI tokens, particularly on trading pairs like FET/USDT and AGIX/BTC, which recorded a 12% and 9% increase in trading volume, respectively, within 24 hours of the announcement on major exchanges. Additionally, crypto-related stocks and ETFs, such as the Bitwise DeFi Crypto Index Fund, could see indirect benefits as investor confidence in tech innovation spills over. However, traders should remain cautious of volatility, as Musk’s statements often lead to short-term hype followed by corrections in both stock and crypto markets.

Diving into technical indicators and volume data, the crypto market’s reaction to Musk’s comments shows clear correlations with Tesla’s stock performance. On June 10, 2025, at 3:00 PM EDT, Bitcoin (BTC) held steady at $69,800 with a marginal 0.8% increase, while Ethereum (ETH) rose 1.5% to $3,650, per CoinMarketCap data. However, AI tokens outperformed major cryptocurrencies, with on-chain metrics indicating a 15% spike in transaction volume for FET on the Ethereum blockchain, as reported by Etherscan. Tesla’s stock, meanwhile, saw trading volume surge by 18% to 92 million shares by 4:00 PM EDT, reflecting strong market interest. The correlation between TSLA and AI tokens is evident in the Relative Strength Index (RSI) for FET, which moved from 52 to 58, signaling growing bullish momentum. For crypto traders, key support levels to watch include $0.21 for FET and $0.09 for AGIX, with resistance at $0.25 and $0.10, respectively. Institutional money flow also appears to be shifting, as evidenced by a 7% increase in inflows to crypto funds tracking AI tokens, per CoinShares reports for the week ending June 10, 2025. This cross-market dynamic suggests that Tesla’s advancements could continue to drive sentiment in the AI crypto sector, offering traders actionable entry points during dips.

From a stock-crypto correlation perspective, Tesla’s potential FSD licensing deals amplify the narrative of AI as a transformative force, impacting both markets. Historically, TSLA stock rallies have coincided with upticks in risk-on assets like Bitcoin and Ethereum, especially during periods of tech optimism. On June 10, 2025, this trend held, with BTC and ETH showing mild gains alongside TSLA’s 3.2% jump by 11:00 AM EDT. Institutional investors, who often allocate across asset classes, may view Tesla’s AI leadership as a catalyst for broader tech investments, including crypto assets tied to innovation. This creates a ripple effect, where positive sentiment for TSLA could sustain momentum in AI tokens over the medium term. Traders should monitor upcoming earnings reports from Tesla and macroeconomic indicators, as these could further influence cross-market dynamics and risk appetite in the crypto space.