Back to Search Start Over

Tesla Can't Keep Up With the Rest of the 'Magnificent Seven'.

Authors :
Banerji, Gunjan
Grant, Charley
Source :
Wall Street Journal - Online Edition. 1/27/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

Tesla's stock has been underperforming compared to other technology stocks, known as the "Magnificent Seven," which have been experiencing significant gains. Tesla's stock has fallen over 26% in the past four weeks and experienced a sharp decline after reporting earnings and revenue that missed expectations. The company's executives have warned that growth is likely to slow in 2024. Despite being a dominant player in the electric car market, Tesla's reputation as a tech leader is now working against its stock. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
175048754