Tesla Inc. Share Drops Monday, Still Outperforming Market

Shares of Tesla Inc. TSLA,
fell 2.28% to $869.74 Monday, on what turned out to be an all-encompassing grim trading session for the stock market, with the NASDAQ Composite Index COMP,
down 2.55% to 12,381.57 and Dow Jones Industrial Average DJIA,
declining by 1.91% to 33,063.61. This was the fifth consecutive day of losses for the stock. Tesla Inc. closed $373.75 below the 52-week high ($1,243.49) the company reached on Nov. 4.

The stock showed a mixed performance compared to some of its competitors Monday, such as Toyota Motor Corp. ADRTM,
fell 1.37% to $154.32, General Motors Co. GM,
fell 2.90% to $38.55 and Honda Motor Co. Ltd. ADR HMC,
fell 1.44% to $26.66. Trading volume (18.5 million) remained 11.6 million below the 50-day average volume of 30.0 million.

Editor’s note: This story was generated automatically by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our terms of use for market data.

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