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Shares of Tesla Inc. (TSLA) slid 6.75% to $1,031.56 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.51% to 14,806.81 and Dow Jones Industrial Average falling 0.49% to 36,113.62. The stock's fall snapped a three-day winning streak. Tesla Inc. closed $211.93 short of its 52-week high ($1,243.49), which the company achieved on November 4th.
The stock underperformed when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR (7203.TO) rose 2.30% to $211.37, General Motors Co. (GM) rose 1.21% to $61.77, and Honda Motor Co. Ltd. ADR (7267.TO) rose 0.82% to $30.89. Trading volume (31.6 M) eclipsed its 50-day average volume of 25.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
(END) Dow Jones Newswires
January 13, 2022 16:33 ET (21:33 GMT)
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