Shares of Tesla Inc. TSLA,
fell 5.02% to $ 793.53 on Friday in what turned out to be a weak general trading session for the stock market with the NASDAQ Composite Index COMP,
down 2.00% to 13,070.69 and Dow Jones Industrial Average DJIA,
decreasing by 2.03% to 29,982.62. This was the third consecutive day of stock losses. Tesla Inc. closed $ 106.87 off the 52-week high ($ 900.40), which the company hit on Jan. 25.
The stock performed poorly compared to some of its competitors on Friday, such as Toyota Motor Corp. ADR TM,
fell 1.94% to $ 140.52, General Motors Co. GM,
fell 0.71% to $ 50.68, and Honda Motor Co. Ltd. ADR HMC,
fell 1.74% to $ 26.48. The trading volume (34.4 million euros) remained at 12.7 million below the average volume of 47.1 M. for 50 days.
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.