Tesla Inc. shares fall on Monday, underperforming the market

Tesla Inc. shares fall on Monday, underperforming the market

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Tesla Inc. TSLA shares,
-7.82%
fell 7.82% to $ 811.19 on Monday, in what proved to be a gloomy trading floor for the stock market, with the NASDAQ Composite Index COMP,
-1.25%
falling 1.25% to 13,036.43 and the Dow Jones Industrial Average DJIA,
-0.29%
falling 0.29% to 31,008.69. The fall in the stock resulted in an 11-day winning streak. Tesla Inc. closed $ 73.30 below its 52-week high ($ 884.49), which the company hit on Jan. 8.

The shares underperformed when compared to some of its competitors on Monday, such as Toyota Motor Corp. ADR TM,
+ 0.35%
rose 0.35% to $ 153.39, General Motors Co. GM,
+ 4.53%
rose 4.53% to $ 45.01, and Honda Motor Co. Ltd. ADR HMC,
-0.11%
fell 0.11% to $ 28.15. Turnover (58.8 M) exceeded its average 50-day volume of 45.9 M.

Editor’s note: this story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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