Should This Phenomenal Stock Replace Tesla in the "Magnificent Seven"?

Thanks to its outstanding gain of 943% in the last decade, coupled with its disruptive culture and category-leading products, (NASDAQ: TSLA) is part of the "Magnificent Seven." It's in this exclusive club with Amazon, Alphabet, Apple, Microsoft, Meta Platforms, and Nvidia, all huge winners in the stock market.

But there's another stock up a remarkable 1,040% in the past 10 years, and I'd argue it should replace Tesla in the Magnificent Seven.

Tesla just reported its first-quarter financial results. Overall revenue came in at $21.3 billion, with adjusted earnings per share totaling $0.45. These two headline figures missed Wall Street's expectations. Adding fuel to the fire, management said "vehicle volume growth rate [in 2024] may be notably lower than the growth rate achieved in 2023" in the earnings presentation.

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Source Fool.com