Tesla Inc. stock underperforms Wednesday when compared to competitors

Shares of Tesla Inc. TSLA, -1.77% slid 1.78% to $441.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.13% rising 0.13% to 28,032.38 and the NASDAQ Composite Index COMP, -1.25% falling 1.25% to 11,050.47. The stock’s fall snapped a five-day winning streak. Tesla Inc. closed $60.73 below its 52-week high ($502.49), which the company achieved on September 1st.

The stock underperformed when compared to some of its competitors Wednesday, as Ford Motor Co. F, -0.28% fell 0.28% to $7.02, General Motors Co. GM, +0.66% rose 0.66% to $31.79, and NIO Inc. ADR NIO, -0.93% fell 0.94% to $19.01. Trading volume (71.8 M) remained 8.1 million below its 50-day average volume of 79.9 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 market data terms of use.

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