Tesla Plunges 3% as Delivery Fears Trump SpaceX IPO Hype and Cybercab Buzz

Tesla (NASDAQ:TSLA) shares experienced a notable decline of approximately 3% during Friday afternoon trading. The electric vehicle manufacturer's stock opened at $372.11 and subsequently dipped to trade around the $361 mark.

Based on Ranked Stocks' quantitative analysis, Tesla (NASDAQ:TSLA) holds an RS Score of 72.06. This places the company in the 63.64th percentile nationally and the 63.44th percentile within its specific sector. A standout strength for TSLA is its Momentum score, which is particularly strong at 91.00. Conversely, the stock exhibits weaker performance in categories such as Profitability (8.79), Valuation (36.18), Growth (63.73), and EPS Revisions (72.00). Want to discover which stocks rank the highest? Start your free 7-day trial at rankedstocks.com.