Tesla Lags Behind Mag 7 — Will Master Plan 4 Spark A Comeback?

Quick Summary:

Other Magnificent Seven tech giants — Nvidia Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT) and Meta Platforms Inc (NASDAQ:META) — are riding high with substantial gains.

Tesla Inc (NASDAQ:TSLA) is the odd one out in the Magnificent 7, with a year-to-date performance of -24.57% and a one-year performance of -28.06%.

But Elon Musk-led Tesla struggles to keep pace.

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Top Stories Electric vehicles Magnificent Seven MSFT META US0378331005 NVDA Elon Musk TSLA AAPL US67066G1040 US5949181045 Tech US0231351067 Long Ideas US88160R1014 Magnificent 7 Trading Ideas AMZN Stories That Matter Benzinga EVs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-18 @ 12:43:08 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21302910

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