Tesla Inc. stock underperforms Wednesday when compared to competitors - MarketWatch

Shares of Tesla Inc. TSLA, -2.72% slipped 2.73% to $568.82 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.20% rising 0.20% to 29,883.79 and the NASDAQ Composite Index COMP, -0.04% falling 0.05% to 12,349.37. Tesla Inc. closed $38.98 below its 52-week high ($607.80), which the company reached on November 30th.

The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR TM, +0.14% rose 0.15% to $136.34, General Motors Co. GM, -0.22% fell 0.22% to $44.58, and Honda Motor Co. Ltd. ADR HMC, +2.71% rose 2.72% to $29.13. Trading volume (45.6 M) eclipsed its 50-day average volume of 41.3 M.

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