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Shares of Tesla Inc. (TSLA) slid 5.35% to $1,088.12 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 3.34% to 15,100.17 and Dow Jones Industrial Average falling 1.07% to 36,407.11. This was the stock's second consecutive day of losses. Tesla Inc. closed $155.37 short of its 52-week high ($1,243.49), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR (7203.TO) fell 1.12% to $196.95, General Motors Co. (GM) fell 4.56% to $62.74, and Honda Motor Co. Ltd. ADR (7267.TO) fell 0.75% to $29.27. Trading volume (26.0 M) remained 1.7 million below its 50-day average volume of 27.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.
(END) Dow Jones Newswires
January 05, 2022 16:33 ET (21:33 GMT)
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