Prediction: Tesla Stock Will Plunge to $100 if the S&P 500 Enters a Bear Market

Key Points The S&P 500 last traded in bear territory during 2022 and 2023, sparking a 75% peak-to-trough decline in Tesla stock. High inflation and rising interest rates could derail the current bull market in the S&P 500, leaving Tesla stock vulnerable to another brutal decline. It could be several years before product platforms like the Cybercab robotaxi and Optimus humanoid robot can rescue Tesla's shrinking earnings. These 10 stocks could mint the next wave of millionaires › The S&P 500 (SNPINDEX: ^GSPC) stock market index last traded in bear territory during 2022 and 2023, when a stubbornly high inflation rate forced the U.S. Federal Reserve to aggressively hike interest rates.