Tesla Inc. stock outperforms market despite losses on the day
Shares of Tesla Inc.
slipped 1.25% to $918.40 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 2.28% to 13,539.29 and Dow Jones Industrial Average
falling 0.19% to 34,297.73. This was the stock's third consecutive day of losses. Tesla Inc. closed $325.09 below its 52-week high ($1,243.49), which the company achieved on November 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR
fell 0.35% to $197.01, General Motors Co.
fell 1.41% to $51.90, and Honda Motor Co. Ltd. ADR
rose 0.98% to $29.82. Trading volume (28.2 M) eclipsed its 50-day average volume of 25.4 M.