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Shares of Tesla Inc. TSLA shed 5.00% to $697.99 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP falling 2.98% to 11,181.54 and Dow Jones Industrial Average DJIA falling 1.56% to 30,946.99. This was the stock's second consecutive day of losses. Tesla Inc. closed $545.50 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 Tuesday, as Toyota Motor Corp. ADR TM rose 0.37% to $157.11, General Motors Co. GM fell 1.85% to $33.99, and Honda Motor Co. Ltd. ADR HMC rose 1.39% to $24.78. Trading volume (29.8 M) remained 816,343 below its 50-day average volume of 30.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2022.
(END) Dow Jones Newswires
June 28, 2022 16:33 ET (20:33 GMT)
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