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Barchart
Barchart
Sushree Mohanty

Can This Struggling 'Magnificent 7' Stock Regain Its Footing?

Tesla Inc. MAG Elon Musk

Led by Elon Musk, Tesla (TSLA) is more than just an automaker; it is a technology company with ambitions that extend beyond electric vehicles (EVs) to energy storage, robotics, and artificial intelligence (AI).

Tesla is a member of the "Magnificent Seven," or the Mag 7 group, which refers to the seven mega-cap tech titans that have a significant influence on the stock market. While the other Mag 7 stocks have risen this year, Tesla has underperformed. 

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