Tesla Inc. stock falls Monday, still outperforms market

Shares of Tesla Inc.
slipped 2.28% to $869.74 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 2.55% to 12,381.57 and Dow Jones Industrial Average
falling 1.91% to 33,063.61. This was the stock’s fifth consecutive day of losses. Tesla Inc. closed $373.75 below its 52-week high ($1,243.49), which the company achieved on November 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Toyota Motor Corp. ADR
fell 1.37% to $154.32, General Motors Co.
fell 2.90% to $38.55, and Honda Motor Co. Ltd. ADR
fell 1.44% to $26.66. Trading volume (18.5 M) remained 11.6 million below its 50-day average volume of 30.0 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.

Leave a Comment

Your email address will not be published. Required fields are marked *