Apple and Tesla Lag Other Magnificent 7 Tech Stocks as Growth Concerns Mount
• Apple (AAPL) and Tesla (TSLA) stocks have underperformed compared to other "Magnificent 7" tech stocks over past year
• Apple facing slowing growth, especially in China, and analysts have lowered earnings expectations
• Tesla facing margin pressures, competition, but remains dominant electric vehicle player overall
• Other "Magnificent 7" stocks like Amazon (AMZN), Microsoft (MSFT), Meta (META) have more positive outlooks currently
• Unclear if Apple and Tesla should be removed from "Magnificent 7" group given strong long-term potential, but near-term outlook is cloudier