Shares of Tesla Motors (TSLA) are underperforming its mega-cap tech peers in pre-market trading. On Wednesday, U.S. stock index futures are largely flat, signaling that major benchmarks may struggle to extend their recent record-breaking run.
Pre-Market Moves for Key Tech Stocks
Tesla Motors (TSLA) is down 1%, while Microsoft (MSFT) shares are down 0.9% and NVIDIA (NVDA) has declined 0.5%. Apple (AAPL) is down 0.2% and Amazon.com (AMZN) is down 0.06%. In contrast, shares of Alphabet (GOOGL) are up 0.2% and Meta Platforms, Inc. (META) has gained 0.5%.
Tracking the Tech Giants' Performance
An equal-weighted index tracking these major technology stocks has advanced 5.5% so far this year. This follows a significant 67% surge in 2024 and a further 25% gain in 2025.
Futures for the S&P 500 and the Nasdaq 100 are trading near unchanged levels.
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Pre-Market Moves: Tesla Lags Other Tech Giants as U.S. Equity Rally Shows Signs of Cooling
Deep News17:24
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