Tesla falls;  The diagram highlights major support nearby

Down more than 50% this year, Tesla (TSLA) – Get a free report stocks finally succumb to 2022 bear market.

Interestingly, however, the electric vehicle leader’s stock isn’t collapsing along with the rest of the market — it’s mostly doing it alone.

Just a few months ago, the FAANG group, Microsoft (MSFT) – Get a free report and almost every other stock was under tremendous selling pressure. But Apple (AAPL) – Get a free report and Tesla held strong as megacap tech relative strength leaders.

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