Shares of Tesla Inc. TSLA,
fell 0.55% to $ 849.99 on Thursday, on what turned out to be an all-round favorable trading session for the stock market, with the NASDAQ Composite Index COMP,
increases 1.23% to 13,777.74 and the Dow Jones Industrial Average DJIA,
increases by 1.08% to 31,055.86. This was the second consecutive day of losses for the stock. Tesla Inc. closed at $ 50.41 below its 52-week high ($ 900.40), which the company reached on Jan. 25.
The stock underperformed on Thursday compared to some of its competitors such as Toyota Motor Corp. ADR TM,
fell 0.03% to $ 148.02, General Motors Co. GM,
fell 0.22% to $ 54.13, and Honda Motor Co. Ltd. ADR HMC,
rose 0.58% to $ 27.81. The trade volume (15.7 million) remained 28.8 million below the 50-day average volume of 44.5 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.