Tesla's stock has faced challenges in recent years with a meager 8% gain compared to other companies. The rise of competitors in the robotaxi market, like Lucid Group, creates uncertainty for Tesla's future. The company must navigate a crowded self-driving landscape while hoping to preserve its $1 trillion valuation. In contrast, Broadcom's stock has seen substantial growth of 217% over two years, positioning it as a stronger candidate within the Magnificent Seven, overshadowing Tesla’s recent performance.
Tesla faces challenges with its stock amidst increasing competition in the robotaxi market. Rivals like Lucid Group are crowding the self-driving space, complicating Tesla's future prospects.
While Tesla has potential with robotaxis, it may struggle to maintain its $1 trillion valuation due to rising competition and choppy market performance.
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