Tesla Slumps as Other Tech Giants Soar, Trailing Visa's Value
- Tesla stock has declined considerably, down 27% year-to-date
- Tesla is lagging behind other "Magnificent Seven" tech stocks like Nvidia and Broadcom
- Tesla is responsible for -8% of the S&P 500's market cap gains, while Nvidia contributes 33%
- Tesla continues to trade in a large multi-year range with no clear direction
- Tesla's market cap has fallen behind Eli Lilly and is approaching Visa's market cap