Tesla Inc. shares tumble Monday, underperforming the market

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Shares of Tesla Inc. TSLA,
-2,35%
lost 2.35% to $ 1,418.57 on Monday, on what turned out to be a mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 1,30%
up 1.30% to 27,791.44 and the NASDAQ COMP Composite Index,
-0,38%
down 0.39% to 10,968.36. It was the second consecutive day of losses for the action. Tesla Inc. closed $ 376.42 below its 52-week high ($ 1,794.99), which the company hit on July 13.

The stock underperformed some of its rivals on Monday, such as Ford Motor Co. F,
+ 3,35%
increased 3.35% to $ 7.09, General Motors Co. GM,
+ 4,71%
increased 4.72% to $ 27.98, and NIO Inc. ADR NIO,
+ 5,88%
rose 5.89% to $ 14.21. The transaction volume (7.5 M) remained 6.0 million below its 50-day average volume of 13.4 Mio.
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Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

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