Tesla Is 2025's Biggest Mag 7 Bruise So Far, But Also The Only One Still In The Green

Benzinga
2025.04.16 15:01
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Tesla has emerged as the best-performing stock among the Magnificent Seven tech giants, with a 6.76% increase month-to-date, despite a 33% decline this year. While other tech giants like Alphabet, Nvidia, and Apple are experiencing negative performances, Tesla's resilience is attributed to short covering and renewed optimism regarding its AI and robotics ambitions. Despite ongoing scrutiny over its fundamentals and valuation, Tesla remains the only stock in the group showing gains this month, highlighting its unique position in a challenging market.