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Tesla stock has done well over the last year, but some bears think the stock is poised for a precipitous drop. HSBC's lead analyst on Tesla thinks its shares are significantly overvalued.

The Nasdaq slumped 3.23% this week, its worst drop since April 2025. Meta slid more than 11% after two court defeats, and Micron fell more than 15% as investors rotated out of the memory company following a huge pop.

Gene Munster, Deepwater Asset Management, joins 'Power Lunch' to discuss when the selloff in equities stops, the cause of the market selloff and much more.

EV sales in the United States were down 28% in the first quarter, but recent shifts to searches for electric vehicles on the heels of higher gas prices could be providing a bump towards the end of the quarter.

The Magnificent 7, comprising 33% of the S&P 500, has underperformed and now trades at its lowest forward PE premium in a decade. Despite slowing earnings growth and elevated capex, I see strong upside in Meta, Google, and Amazon, with Meta and Google at critical support levels. Microsoft, Nvidia, and Tesla face headwinds from capex, slowing growth, or declining estimates; I plan to trim Microsoft and avoid new positions in Apple, Nvidia, or Tesla.

Nancy Tengler of Laffer Tengler Investments breaks down the 5 stocks she believes can lead the next wave of market outperformance—and how investors can spot similar opportunities.

Tesla (NASDAQ:TSLA | TSLA Price Prediction) stock is down 3% in Friday afternoon trading, with shares sliding from an opening price of $372.11 to around $361.