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Tesla Inc. stock underperforms Monday when compared to competitors

Shares of Tesla Inc.
TSLA,
-8.61%

slipped 8.61% to $242.40 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+2.27%

rising 2.27% to 10,815.43 and the Dow Jones Industrial Average
DJIA,
+2.66%

rising 2.66% to 29,490.89. This was the stock’s third consecutive day of losses. Tesla Inc. closed $172.10 below its 52-week high ($414.50), which the company achieved on November 4th.

The stock underperformed when compared to some of its competitors Monday, as Toyota Motor Corp. ADR
TM,
+4.07%

rose 4.07% to $135.59, General Motors Co.
GM,
+2.43%

rose 2.43% to $32.87, and Honda Motor Co. Ltd. ADR
HMC,
+3.66%

rose 3.66% to $22.38. Trading volume (96.8 M) eclipsed its 50-day average volume of 70.0 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.

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