Tesla shares slide 9% in three months as investors favor SpaceX growth story

Tesla stock has fallen 9% over three months, attributed by analysts to a 'SpaceX effect' where investors view SpaceX as a cleaner growth story and Tesla as a riskier recovery bet. This reflects a rotation within investor portfolios favoring SpaceX's growth prospects over Tesla's recovery potential. The decline underscores shifting sentiment in tech and growth equities, though the magnitude and duration remain uncertain.