Company Close Updates

May 20, 2022, 4:32 p.m. EDT

Tesla Inc. stock falls Friday, underperforms market

MarketWatch Automation

Shares of Tesla Inc. (NAS:TSLA) slid 6.42% to $663.90 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average (DOW:DJIA) rising 0.03% to 31,261.90 and the NASDAQ Composite Index (NASDAQ:COMP) falling 0.30% to 11,354.62. This was the stock's third consecutive day of losses. Tesla Inc. closed $579.59 below its 52-week high ($1,243.49), which the company achieved on November 4th.

The stock underperformed when compared to some of its competitors Friday, as Toyota Motor Corp. ADR (NYS:TM) rose 1.78% to $158.66, General Motors Co. (NYS:GM) fell 1.99% to $35.40, and Honda Motor Co. Ltd. ADR (NYS:HMC) rose 0.04% to $25.02. Trading volume (47.9 M) eclipsed its 50-day average volume of 26.6 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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