Tesla stock extends decline, losses reach nearly 30% since start of the year

Five of the Magnificent Seven tech stock components saw stock declines in last week's trading. Yahoo Finance's Jared Blikre eyes several of the group's biggest laggards, highlighting EV maker Tesla's (TSLA) year-to-date losses.
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[@LarryAnthony-ut8ok44]

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[@JerryLuca-nm9ru55]

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[@BillyeFuson2]

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[@BillyeFuson2]

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[@JerryLuca-nm9ru55]

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[@KungPowEnterFist]

This is still early stage for Tesla's decline.

[@BasementBerean]

Just because you create an artificial grouping of stocks like "mag 7" doesn't mean they can be expected to perform the same. TSLA is interest rate sensitive in a way the other six are not. We'll see how this ages when the Fed starts cutting interest rates again, which should start happening so that the Treasury can keep printing debt.

[@walden6272]

At the same time this year, Toyota stock is up 32% while Tesla is down 30%. I guess interest rate does not affect Toyota.

[@brucesillince2202]

Ready for casino news? How much can I make this week? Think I’ll put it all on black.

[@Justin-v2b]

Is it because tesla is WOKE?

[@brunoheggli2888]

No its just way overvalued!

[@swissarmyknight4306]

@@brunoheggli2888 Always has been. Tesla is a big ball of fraud.

[@9realitycheck9]

Hydrogen Fuel Cell Breakthrough by a Research Firm funded by partnership between Toyota, Subaru, Honda and KIA...

[@ABoredTroll]

$100 bears 🐻 🐻‍❄