Shares of Tesla Inc.
slid 1.47% to $694.40 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
falling 0.28% to 14,051.03 and Dow Jones Industrial Average
falling 0.48% to 33,820.38. This was the stock’s second consecutive day of losses. Tesla Inc. closed $206.00 short of 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 0.29% to $153.26, General Motors Co.
fell 0.71% to $58.55, and Honda Motor Co. Ltd. ADR
rose 0.73% to $30.40. Trading volume (21.7 M) remained 14.5 million below its 50-day average volume of 36.3 M.