Liam Denning, Columnist

Tesla Is the Odd Man Out in the Magnificent Seven

February 13, 2026 at 10:00 AM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

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Photographer: Krisztian Bocsi/Bloomberg

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Tesla Inc. has long been an odd member of the ‘Magnificent 7.’ Strangely, its renewed efforts to fit in better only exacerbate that condition.

The term was coined in 2023 to describe seven stocks leading gains in the S&P 500 Index: Alphabet Inc., Amazon.com Inc., Apple Inc., Meta Platforms Inc., Microsoft Corp., Nvidia Corp. and Tesla. That first year was the only one in which they lived up to their billing, holding all seven of the top spots. By 2025, some looked decidedly less magnificent than others.