A bullish argument, of course, is that tech giants’ dominant industry positions and robust balance sheets make them better suited to withstand an economic downturn than other companies, even if the earnings picture is cloudy. The Magnificent Seven are also less richly valued following the recent selloff: Alphabet, for example, trades at 17 times profits […]
Breadcrumb Trail Links Electric Vehicles News Autos The rapid decline in Tesla’s shares has pushed them into what chart-followers call an oversold zone Author of the article: Bloomberg News Esha Dey Published Mar 07, 2025 • 2 minute read Any potential Tesla stock rally would also have to overcome investor unease over the company’s valuation: […]
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