Tesla Inc. stock falls Thursday, underperforms market

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Shares of Tesla Inc. TSLA slipped 2.51% to $677.00 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.22% to 14,082.55 and the Dow Jones Industrial Average DJIA rising 0.71% to 34,060.36. This was the stock’s third consecutive day of losses. Tesla Inc. closed $223.40 below its 52-week high ($900.40), which the company achieved on January 25th.

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The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR TM fell 0.54% to $152.43, General Motors Co. GM fell 3.38% to $56.57, and Honda Motor Co. Ltd. ADR HMC fell 0.10% to $30.37. Trading volume (28.7 M) remained 7.5 million below its 50-day average volume of 36.2 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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