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Shares of Tesla Inc. (TSLA) shed 2.44% to $850.00 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.19% to 12,493.93 and Dow Jones Industrial Average falling 0.18% to 32,774.41. Tesla Inc. closed $393.49 below its 52-week high ($1,243.49), which the company reached on November 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR (7203.TO) fell 2.09% to $152.94, General Motors Co. (GM) fell 2.50% to $36.62, and Honda Motor Co. Ltd. ADR (7267.TO) fell 0.95% to $24.99. Trading volume (28.6 M) remained 2.3 million below its 50-day average volume of 30.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 2022.
(END) Dow Jones Newswires
August 09, 2022 16:33 ET (20:33 GMT)
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