TSLA

Tesla is trading under mild pressure today as the stock consolidates following a period of strong performance that saw it rise for two consecutive weeks and three of the past four. While the company continues to face scrutiny regarding its legal discovery processes in Australia and ongoing regulatory concerns surrounding its self-driving software, there is no specific company-level news driving today's move. The stock appears to be experiencing a minor pullback as investors weigh the broader market's recent record-setting rally against concerns that the Magnificent Seven's rapid gains could leave the tech sector vulnerable to a rotation or sell-off.