The Tesla Inc. dropped Friday and underperformed the market

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Shares of Tesla Inc. TSLA,
-5.02%
Dropped 5.02% to $ 793.53 Friday, proving to be an all round bad trading session for the stock market, with the NASDAQ Composite Index COMP,
-2.00%
down 2.00% to 13,070.69 and Dow Jones Industrial Average DJIA,
-2.03%
decreased by 2.03% to 29,982.62. This was the stock’s third consecutive day of losses. Tesla Inc. closed at $ 106.87 below its 52-week high ($ 900.40), which the company reached on Jan. 25.

The stock underperformed compared to some of its competitors on Friday, such as Toyota Motor Corp. ADR TM,
-1.94%
fell 1.94% to $ 140.52, General Motors Co. GM,
-0.71%
fell 0.71% to $ 50.68, and Honda Motor Co. Ltd. ADR HMC,
-1.74%
fell 1.74% to $ 26.48. The trade volume (34.4 million) remained 12.7 million below the 50-day average volume of 47.1 million.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

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