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Tesla Inc. stock falls Tuesday, underperforms market

Shares of Tesla Inc.

slid 2.93% to $191.30 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index

rising 0.49% to 10,616.20 and the Dow Jones Industrial Average

rising 1.02% to 33,160.83. This was the stock’s third consecutive day of losses. Tesla Inc. closed $211.37 short of its 52-week high ($402.67), which the company reached on January 4th.

The stock underperformed when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR

rose 0.17% to $137.50, General Motors Co.

fell 0.86% to $39.05, and Honda Motor Co. Ltd. ADR

rose 0.85% to $23.69. Trading volume (128.2 M) eclipsed its 50-day average volume of 71.1 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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