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Down greater than 50% this yr, Tesla (TSLA) – Get Free Report inventory is lastly succumbing to the 2022 bear market.
Curiously, although, the electric-vehicle chief’s inventory shouldn’t be breaking down alongside the remainder of the market — it is doing so largely by itself.
Only a few months in the past the FAANG group, Microsoft (MSFT) – Get Free Report and nearly each different inventory was beneath immense promoting stress. However Apple (AAPL) – Get Free Report and Tesla have been holding robust because the relative power leaders from megacap tech.