[Analysis: Tesla's Stock Under Pressure After SpaceX Goes Public] Odaily Planet Daily News – Tesla has long been the only publicly traded vehicle for investors to bet on Elon Musk, but since SpaceX (SPCX.O) began trading in June, the electric vehicle giant has had to share this unique investment appeal with SpaceX. In the three months following SpaceX's initial public offering (IPO), Tesla's stock price has fallen by 8.9%, while the S&P 500 Index has risen by 2.7%. Meanwhile, SpaceX's stock price has increased by 9.8% from its June 11 IPO price of $135. Tesla's weak performance is also tied to its recent financial reports and product launches, both of which failed to demonstrate the company's ability to successfully transition to tangible AI products. eToro Global Market Strategist Lale Akoner stated, 'Investors view SpaceX as a purer growth story, while Tesla is seen as a riskier transformation bet.' Roundhill Financial CEO Dave Mazza commented, 'SpaceX now has to prove that it can achieve its $100 billion annualized revenue scale, while Tesla must demonstrate that it is more than just the "Musk concept stock" people held before SpaceX went public.'