Tesla: Why is it the biggest loser this year within the 'Magnificent Seven' group?
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Euronews.com
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Tesla's stock has dropped 17% this year and 33% from its peak in December, making it the biggest loser among US tech giants. Factors contributing to this decline include a general retreat in tech stocks, Elon Musk's acquisition efforts with OpenAI, and BYD's new partnership with DeepSeek for autonomous technology. BYD's advancements pose a significant threat to Tesla's competitiveness in the self-driving market. Additionally, concerns about Musk's distractions from Tesla's core business have emerged, especially following the fading optimism around Trump's support for Tesla. Teljes cikk (Euronews.com)