Tesla Inc. TSLA Shares,
it dropped 3.81% to $ 1,430.76 on Friday, in what turned out to be a favorable trading session for the stock market, with the NASDAQ Composite Index COMP,
increasing 1.49% to 10,745.27 and the DIA Jones Industrial Average DJIA,
increasing 0.44% to 26,428.32. This was the second consecutive day of stock losses. Tesla Inc. closed $ 364.23 below its 52-week high ($ 1,794.99), which the company achieved on July 13.
The shares underperformed compared to some of their competitors on Friday, as Ford Motor Co. F,
fell 1.93% to $ 6.61, General Motors Co. GM,
fell 1.23% to $ 24.89, and NIO Inc. ADR NIO,
it fell 2.13% to $ 11.94. Trading volume (12.1M) remained 1.5 million below its 50-day average volume of 13.7M.
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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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