Tesla Inc. stock falls Tuesday, underperforms market

Tesla Inc. stock falls Tuesday, underperforms market

Shares of Tesla Inc.
slipped 1.95% to $644.78 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 1.21% to 14,660.58 and Dow Jones Industrial Average
falling 0.24% to 35,058.52. Tesla Inc. closed $255.62 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 Tuesday, as Toyota Motor Corp. ADR
fell 0.59% to $178.44, General Motors Co.
fell 1.38% to $55.00, and Honda Motor Co. Ltd. ADR
fell 0.67% to $31.28. Trading volume (32.6 M) eclipsed its 50-day average volume of 23.3 M.

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