Tesla Stock Is Crushing the Rest of the Mag 7. Here’s What’s Going Right.

• Tesla stock has surged 68% since its October “Robotaxi” event, outperforming major tech stocks and the Nasdaq 100.
• Elon Musk’s ties to President-elect Trump and the company’s Robotaxi ambitions have boosted the stock.
• Here’s everything investors see going right for Tesla as 2024 winds down.

After a difficult start to the year sent Tesla stock into a tailspin, the stars have aligned in the fourth quarter to send the shares soaring past the rest of the mega-cap Magnificent Seven.