Tesla and Amazon stocks hit hard during Trump's first 100 days, but potential for recovery.

From Nasdaq: 2025-05-06 14:30:00

April 29 marked President Trump’s 100th day in office. The economy and stock market saw significant changes. New tariffs were enacted, leading to historic market swings. Recession fears grew, impacting the “Magnificent Seven” stocks, including Tesla and Amazon.

Tesla stock plummeted 31% year to date and 34% since Inauguration Day. Declining sales and increased competition have hurt the company. A focus on a future robotaxi network could be key to Tesla’s recovery.

Amazon stock is down 15% this year and 18% since the inauguration. Concerns about Trump’s trade agenda affecting e-commerce remain. However, Amazon’s cloud services business, AWS, is a bright spot for sustained growth.

Investors are advised to consider the long-term trajectory of both Tesla and Amazon stocks. Both companies face challenges but have potential for recovery. Consider joining Stock Advisor for investment opportunities in promising companies.



Read more at Nasdaq: These Stocks Collapsed During Trump’s First 100 Days in Office. Are They on the Road to Recovery?