FMP
Mar 24, 2025 9:07 AM - Parth Sanghvi
Image credit: Tesla Fans Schweiz
Tesla (NASDAQ:TSLA) is leading premarket gains among the Magnificent Seven stocks as retail investors keep pouring billions into the stock. Meanwhile, the broader U.S. market is rising on optimism over a more measured approach to tariffs under President Donald Trump.
Tesla shares have seen 13 consecutive sessions of net buying by retail investors.
$8 billion has been injected into the stock, according to JPMorgan Chase data.
This strong retail momentum is driving Tesla's premarket surge on Monday.
The other Magnificent Seven stocks are also in the green:
Meta (NASDAQ:META): +1.7%
Nvidia (NASDAQ:NVDA): +1.5%
Amazon (NASDAQ:AMZN): +1.5%
Alphabet (NASDAQ:GOOGL): +1.2%
Microsoft (NASDAQ:MSFT): +1.1%
Apple (NASDAQ:AAPL): +0.9%
The gains come as markets react positively to reports that Trump's upcoming tariffs may be less aggressive than initially expected.
The Bloomberg Magnificent 7 Index has declined 14% this year after a 67% surge in 2024, suggesting some cooling off from last year's rally.
🔹 Short-Term Traders: Tesla's momentum may continue as retail interest remains strong.
🔹 Long-Term Investors: A potential tariff de-escalation could support further gains in tech stocks.
🔹 Risk Factors to Watch:
Any changes in Trump's tariff plans
Retail sentiment shifts impacting Tesla
Earnings reports from the Magnificent Seven stocks
Market Biggest Gainers API - Track stocks leading premarket and intraday gains.
Bulk Ratings API - Get analyst ratings on Tesla and other key stocks.
Tesla's rally, fueled by strong retail inflows, is leading the Magnificent Seven's premarket gains. A softer trade tariff stance from Trump is also supporting market sentiment. Investors should monitor upcoming policy shifts and earnings reports to assess the sustainability of this trend.
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