Tesla Inc. stock falls Thursday, underperforms market

Shares of Tesla Inc. TSLA,
shed 0.43% to $705.21 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP,
rising 1.62% to 11,232.19 and the Dow Jones Industrial Average DJIA,
rising 0.64% to 30,677.36. This was the stock’s second consecutive day of losses. Tesla Inc. closed $538.28 below its 52-week high ($1,243.49), which the company reached on November 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR TM,
fell 1.02% to $157.52, General Motors Co. GM,
rose 0.49% to $32.99, and Honda Motor Co. Ltd. ADR HMC,
fell 1.15% to $24.84. Trading volume (34.5 M) eclipsed its 50-day average volume of 29.9 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


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