Shares of Tesla Inc. TSLA shed 4.54% to $1,568.36 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.60% to 26,840.40 and the NASDAQ Composite Index COMP falling 0.81% to 10,680.36. The stock’s fall snapped a two-day winning streak. Tesla Inc. closed $226.63 below its 52-week high ($1,794.99), which the company achieved on July 13th.
The stock underperformed when compared to some of its competitors Tuesday, as Ford Motor Co. F rose 0.30% to $6.68, General Motors Co. GM rose 0.54% to $26.15, and NIO Inc. ADR NIO rose 0.47% to $12.88. Trading volume (16.0 M) eclipsed its 50-day average volume of 13.3 M.
