Tesla Inc. stock falls Friday, underperforms market

© Terrence Horan

COMPANY CLOSE UPDATES

Shares of Tesla Inc. dropped 0.98% to $644.22 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.80% to 14,427.24 and Dow Jones Industrial Average falling 0.86% to 34,687.85. This was the stock’s fourth consecutive day of losses. Tesla Inc. closed $256.18 below its 52-week high ($900.40), which the company achieved on January 25th.

Video: How Tesla’s stock has historically performed after releasing quarterly delivery numbers (CNBC)

How Tesla’s stock has historically performed after releasing quarterly delivery numbers
What to watch next

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Toyota Motor Corp. ADR fell 0.45% to $178.13, General Motors Co. fell 2.62% to $55.46, and Honda Motor Co. Ltd. ADR fell 1.31% to $31.65. Trading volume (16.1 M) remained 9.5 million below its 50-day average volume of 25.7 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Continue Reading