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Tesla Tumbles 22% as Mag 7 Peers Outperform on AI Growth

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Tesla tumbled 22% year-to-date, lagging Magnificent Seven peers AAPL, NVDA, and AMZN.
  • Analysts question Tesla's tech/AI valuation multiple, citing heavy automotive revenue reliance and lingering regulatory hurdles for its Full Self-Driving and Robotaxi programs.
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TSLA price history

365.44 -12.53% over the displayed period

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