Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 4.6% in the morning session after the major indices declined sharply (Nasdaq down 1.9%, S&P 500 down 1.1%) as investors appeared to be locking in some gains in a year marked by significant progress in the Fed's effort to deliver a soft landing—taming inflation without causing more damage to the economy—despite early signs of weakness in the labor market.

One company that should be at the top, or at least near the top, of any investor list of most-watched stocks has to be Tesla (NASDAQ:TSLA). The U.S. EV maker continues to be one of the most volatile mega-cap names in the market,

We recently published a list of the 10 Best Stocks to Buy and Hold For 3 Years. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other best stocks to buy and hold for 3 years.

Tesla stock declined Friday as interest rates knocked shares of highfliers lower. Shares of the electric-vehicle maker fell 5%, closing at $431.66, while the S&P 500 and Nasdaq Composite dropped 1.1% and 1.