Shares of Tesla Inc. TSLA,
slid 7.82% to $ 811.19 Monday, on what turned out to be an all round dismal trading session for the stock market, with the NASDAQ Composite Index COMP,
down 1.25% to 13,036.43 and Dow Jones Industrial Average DJIA,
decreased by 0.29% to 31,008.69. The decline in the stock led to an 11-day winning streak. Tesla Inc. closed at $ 73.30 below its 52-week high of $ 884.49, which the company hit on Jan. 8.
The stock underperformed compared to some of its competitors on Monday, such as Toyota Motor Corp. ADR TM,
Up 0.35% to $ 153.39, General Motors Co. GM,
Up 4.53% to $ 45.01, and Honda Motor Co. Ltd. ADR HMC,
fell 0.11% to $ 28.15. The trading volume (58.8 million) overshadowed the 50-day average volume of 45.9 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.