Shares of Tesla Inc. are underperforming on Thursday compared to competitors

by

Shares of Tesla Inc. TSLA,
-1.10%
fell 1.10% to $ 845.00 on Thursday, in what turned out to be a reduced stock trading session with the NASDAQ Composite Index COMP,
-0.12%
down 0.12% to 13,112.64 and Dow Jones Industrial Average DJIA,
-0.22%
decreasing by 0.22% to 30,991.52. The fall of the action brought down a series of two-day victories. Tesla Inc. closed at $ 39.49 in addition to a 52-week high ($ 884.49), which the company hit on Jan. 8.

The stock performed poorly compared to some of its competitors on Thursday, such as Toyota Motor Corp. ADR TM,
+ 0.46%
rose 0.46% to $ 151.34, General Motors Co. GM,
+ 5.75%
increased 5.75% to $ 51.53, and Honda Motor Co. Ltd. ADR HMC,
+ 0.78%
increased 0.78% to $ 28.25. Trading volume (31.0 million) remained at 15.8 million below its average volume of 46.8 M.

Editor’s note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See the terms of use of our market data.

.Source