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