Shares of Tesla Inc.
TSLA,
-4.97%
slid 4.98% to $1,513.07 Thursday, on what proved to be an all-around dismal buying and selling session for the stock market, with the NASDAQ Composite Index
COMP,
-2.28%
falling 2.29% to 10,461.42 and Dow Jones Industrial Common
DJIA,
-1.30%
falling 1.31% to 26,652.33. Tesla Inc. closed $281.92 under its 52-week excessive ($1,794.99), which the corporate achieved on July 13th.
The stock underperformed when in comparison with a few of its rivals Thursday, as Ford Motor Co.
F,
+2.04%
rose 2.05% to $6.98, Common Motors Co.
GM,
+1.74%
rose 1.75% to $26.76, and NIO Inc. ADR
NIO,
-1.85%
fell 1.86% to $12.15. Buying and selling quantity (24.zero M) eclipsed its 50-day common quantity of 13.three M.