Tesla Inc. shares fall Friday, underperforming market

Shares of Tesla Inc. TSLA
declined 5.02% to $ 793.53 on Friday, with an overall weak trading session for the stock market, with the NASDAQ Composite Index COMP
with 2.00% to 13,070.69 and Dow Jones Industrial Average DJIA
by 2.03% to 29,982.62. This was the stock’s third consecutive loss day. Tesla Inc. closed at $ 106.87 as the 52-week high ($ 900.40), which the company reached on January 25th.

The stock underperformed as Toyota Motor Corp. ADRTM compared to some of its competitors Friday
General Motors Co. GM fell 1.94% to $ 140.52
it dropped 0.71% to $ 50.68, and Honda Motor Co. Ltd. ADR HMC
it fell 1.74% to $ 26.48. The trading 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 Dow Jones and FactSet data. See our Terms of Use for Market Data.

.Source