Tesla Inc. stock rises Wednesday, still underperforms market

Tesla Inc. stock rises Wednesday, still underperforms market

Shares of Tesla Inc.
inched 0.34% higher to $646.98 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
rising 0.70% to 14,762.58 and the Dow Jones Industrial Average
falling 0.36% to 34,930.93. Tesla Inc. closed $253.42 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 0.80% to $179.87, General Motors Co.
rose 0.89% to $55.49, and Honda Motor Co. Ltd. ADR
rose 1.76% to $31.83. Trading volume (15.9 M) remained 7.4 million below its 50-day average volume of 23.3 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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