Tesla Inc. stock falls Monday, underperforming the market


Shares of Tesla Inc. TSLA,
-2.35%
hit 2.35% to $ 1,418.57 on Monday, proving to be a very mixed trading session for the stock, with the Dow Jones Industrial Average DJIA,
+ 1.30%
with 1.30% increase to 27,791.44 and the NASDAQ Composite Index COMP,
-0.38%
falling 0.39% to 10.968.36. This was the second consecutive day of loss of stock. Tesla Inc. closed at $ 376.42 during its 52-week high ($ 1,794.99), which the company reached on July 13th.

The stock underperformed compared to some of its competitors Monday, such as Ford Motor Co. F,
+ 3.35%
rose 3.35% to $ 7.09, General Motors Co. GM,
+ 4.71%
rose 4.72% to $ 27.98, and NIO Inc. ADR NIO,
+ 5.88%
rose 5.89% to $ 14.21. Trading volume (7.5 M) remained 6.0 million below its 50 day average volume of 13.4 M.

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Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our Terms of Use for Market Data.

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