Tesla Inc. stock falls Wednesday, underperforms market - MarketWatch

Shares of Tesla Inc. TSLA, -6.99% shed 6.99% to $604.48 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -1.94% falling 1.94% to 12,338.95 and Dow Jones Industrial Average DJIA, -0.35% falling 0.35% to 30,068.81. The stock's fall snapped a four-day winning streak. Tesla Inc. closed $46.80 short of its 52-week high ($651.28), which the company achieved on December 8th.

The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR TM, +1.54% rose 1.54% to $140.88, General Motors Co. GM, +1.44% rose 1.44% to $44.43, and Honda Motor Co. Ltd. ADR HMC, +0.98% rose 0.98% to $29.97. Trading volume (70.0 M) eclipsed its 50-day average volume of 38.9 M.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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