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Aug. 10, 2020, 4:25 p.m. EDT

Tesla Inc. stock falls Monday, underperforms market

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Shares of Tesla Inc. TSLA shed 2.35% to $1,418.57 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 1.30% to 27,791.44 and the NASDAQ Composite Index COMP falling 0.39% to 10,968.36. This was the stock's second consecutive day of losses. Tesla Inc. closed $376.42 below its 52-week high ($1,794.99), which the company reached on July 13th.

The stock underperformed when compared to some of its competitors Monday, as Ford Motor Co. F rose 3.35% to $7.09, General Motors Co. GM rose 4.72% to $27.98, and NIO Inc. ADR NIO rose 5.89% to $14.21. Trading volume (7.5 M) remained 6.0 million below its 50-day average volume of 13.4 M.

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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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