Shares of Tesla Inc.
slid 5.26% to $804.82 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.20% to 31,437.80 and the NASDAQ Composite Index
falling 0.25% to 13,972.53. This was the stock’s second consecutive day of losses. Tesla Inc. closed $95.58 below its 52-week high ($900.40), which the company reached on January 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR
rose 4.91% to $161.56, General Motors Co.
fell 2.10% to $54.88, and Honda Motor Co. Ltd. ADR
remained unchanged. Trading volume (35.7 M) remained 6.4 million below its 50-day average volume of 42.1 M.