Tesla Inc. Stock Falls Monday, Still Outperforms Market
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Shares of Tesla Inc. TSLA slid 0.32% to $734.76 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.72% to 11,524.55 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. Tesla Inc. closed $508.73 short of its 52-week high ($1,243.49), which the company achieved on November 4th.
Despite its losses, the stock outperformed some of its competitors Monday, as Toyota Motor Corp. ADR TM fell 1.60% to $156.53, General Motors Co. GM fell 0.55% to $34.63, and Honda Motor Co. Ltd. ADR HMC fell 2.40% to $24.44.true Trading volume (29.1 M) remained 1.3 million below its 50-day average volume of 30.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 16:33 ET (20:33 GMT)
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